Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.

Any recommendations on how many rental properties per LLC?

Depends on which property you pull equity from.

I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this.

There are down payment programs for duplexes, i have not searched or tried to do a 3-4 unit property. 

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

@Kyle Kulhanek Are you planning to transfer the property into an LLC owned by both individuals on title? 

The wrong tenant can lead to non-payment, evictions, and property damage.

Hi folks - I am in the market for a Property Manager in the Rochester area for a 12 unit property.

@Ajay Bodas Transferring a 1031 exchange property from a revocable trust to an LLC can be done, but timing is crucial to avoid IRS scrutiny.