He insists that I get into a single family home with multiple bedrooms and rent out the other rooms.

look for multiple mortgages in succession or filing of satisfied or liens.  

Personally I would take a portion and use a few lenders to do multiple rehabs and flips and then loan the other portion of that money so that way it can multiple faster

Does anyone else have multiple LLCs and how do you pay for expenses?  

Show producers selling multiple products.

I will 2nd that -- While FNMA will hold you to 10 units financed...Commercial Portfolio lenders like small banks in WA will do a 80% LTV portfolio loan holding multiple properties cross collateralized with yields under 5.25% and no prepays or junk fees.

I'm not too concerned if there are multiple unit owners with the same problem who will be sharing that cost, but I do feel it's BS that I have to pay it.The building has known about the problem of water entering for years, which they recently solved (hopefully), but proving negligence of maintenance and repair sounds like more trouble than it's worth.

It's nice to see that people are here to help.I hope it's ok to reply to multiple people in one post.

I'm ready to take the leap stateside to see how big I can grow this but this is entirely different to my previous experience which I'm pushing aside to start my learning anew.I've narrowed down my search from multiple states to Florida with my top 3 major cities of Tampa, Orlando and Jacksonville (in order).

@Jeff AmoreYou could possibly breakup the portfolio through multiple buyers and get more per door.Franklin