It shouldn't be driven by number of properties (unless commercial) but rather how much equity each LLC can hold before creating a new one.

The advice I've been given, and chosen to follow, is to utilize HELOCs for short-term investments, with a plan to pay them off in less than a year and to avoid holding them long-term.Do you know what the value of your recent rental property purchase is?  

But I don't hate the ideas of pulling out the equity to start you next project and holding on to it either. 

I am :) On TREC, it shows you holding an inactive license, was hoping to see what listings you currently have. 

Ask questions, get to know the renters, and document the condition of each rental so you have a record from that point forward and can hold tenants responsible for damages.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

Its tax free money...You can then hold on to it just making 5% in a money market fund with next to no price risk. 

You can invest in single families to flip, multifamilies and commercial to hold. 

For me it really matters what area of Philly we are talking for a buy and hold. 

@Shak F.Sounds like you're considering using Traditional Financing.

Hello everyone my names Diego madera I’m 17 and I’ve been learning about real estate for about 2.5 year’s now I started by learning wholesaling but I haven’t taken any action this last year I learned about house hacking and fha loans I’m really gonna focus on building my credit and focus on getting my license since I turn 18 this year and I really wanna aim towards getting a triplex where I can net positive cash flow and just keep on progressing from there this is my first post that I want to hold my self accountable with