I am buying a property but will be outside the US at the time of the closing. 

For example, you can buy a $50,000 house that will rent for $1,000 a month, but it will also experience significant tenant problems, expensive turnovers, long vacancies, and other costly problems.

Buying your firsthome is an exciting milestone, but it can also be a daunting process filledwith questions and uncertainties.

For real estate investors--fortunes are made by buying the major housing dips.  

My wife and I plan on buying another property at the end of this year and will probably move that property into the LLC or Trust as well.

Keeping them separate is for better bookkeeping, managing the numbers, and when you sell or refinance.The disadvantage is that it will cost you more to have separate LLCs, and it may be more of your time to track.But if the goal is to buy more properties, build the foundation correctly.

Cash to buy then we did a Heloc.

So far, it's been a marathon for me I've had my rental for two years now and have been wanting to buy another one for the past year.

Ive found a place (duplex) to house hack hack that I would like to buy. 

Although we don't specialize in buy/flip/sell, we do manage over 1K rentals here in the Central Indy market.