Some investors choose to separate their operations from their activities by conducting business personally while the SLLC holds assets.

I have owned my SFR for 14 years so I have equity to play with.

And also to separate the assets from activities.

It allows you to diversify into a portfolio of homes as opposed to putting all of your proverbial eggs in one basket.Be cautious tho as over the years I have witnessed countless investors buying properties in crappy areas, for more than they are worth and being passed on to crappy property management that nickel and dimes them to death (I guess all of those 15% "awesome" paper cap rates and promises of financial freedom aren't that awesome after all...)This is not just true for real estate deals but life in general (Your "piece of paper" degree does't necessarily dictate success in your chosen profession or your business)Real life experience is different to what any "piece of paper" says.In all reality guys it takes time to build financial freedom, and the more you can diversify your risk across multiple properties in your portfolio the less risk you bear in the long run.I may not be the smartest Aussie you have ever met, however I do understand a few basic rules that I follow on every acquisition I make.Strength in numbers, cash only, patience, and discipline.Let's talk about Strength first.Price point plays a big part of "strength in numbers" as it is safer to acquire 5 homes for a total of $350,000 as opposed to one for $350,000.What happens if "that one" property goes untenanted for 5 months?

I drive pretty much all day long and when I'm not on the phone, the BP podcast is playing. 

Is playing the waiting game the smarter choice here? 

You must be willing to take on some level of risk to play this game.

Interesting to see how this plays out. 

@Maxfield ShepardHey man I’m still active duty and in the middle of my first flip.

Hi Joel, I’m not actively looking in Hamilton, but always open to ideas and opportunities.