Would it be advisable to put all of the rental properties in a single LLC and then get a sizable insurance policy to cover lawsuits, etc?

In fact, none of the attorneys or title companies had ever actually advised a client that they could not borrow at the closing table.

The lender has an actual monetary loss.

Fannie Mae doesn't make "blanket loans", and doesn't lend to LLCs.I would highly advise that you go through a "pre-approval" process with a conventional secondary market lender, where an actual underwriter opines on your situation.

If you are new and this seems like your type of thing my advise is work for free for a title co part time to learn how to do a title search.

My advise is get a mentor and cut your learning curve way down and you'll stay out of trouble with a pro at your side.Best of luck

If you do not have a lot of real estate experience (pricing, advertising, purchase agreements, title policies etc) then I would advise hiring a real estate agent as they will work to protect your most valuable asset.

Thank you Karen,for the advise that will help a lot.

So many good topics and advise going on.Cathy Labus I hope to see you at the TXRIEC soon!

@Charla H.The advise I would give you is to save all your money and become an avid reader.