Do you mind elaborating on the consolidation versus liquidation approach?

Separately, if one might want to invest as a trust, via the LLC it may make some estate planning slightly more consolidated. 

Unlike the US banking in Portugal is consolidated in a few banks which means that things that are common in the US like credit unions or local lenders are not found there.Has anyone had experience in doing BRRRR with Portuguese lenders?

It would be no problem to re-consolidate them as long as the 1031 calendars are compatible.

Creating a new LLC for each property can be costly in Ohio, so consolidating can save you money and hassle.

What you're talking about is what we all a consolidation exchange. 

I wanted to consolidate banking to a credit union as I am investing much more in real estate and SMBs.

I have not consolidated them under one LLC as of yet—my attorney advised me to beware of franchise taxes in my state that may cancel out the benefits of consolidation.  

While this approach works in the early stages, there comes a time when consolidating all your properties' insurance into a single, scheduled program might be more beneficial.

And you'll see consolidation in those areas.