It's a 2300sf two story on 0.3acre corner lot, with medical offices/retirement home across the street.Should I rehab to SFH & sell or to a triplex & hold?

Is there a limit of loans you may hold at any given time?

I've also been reading a few books and I am particularly interested in buy and hold properties, however, I do have an open mind towards all aspects of real estate investing. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Wanting to discuss structuring rental property LLC's with holding company (management) LLC.

In one year's time, I'd like to move out, rent both units and create an LLC for the legal structure to hold the property, transfer property to LLC.Is it worth it to register with the IRS as a sole proprietorship in order to gain an EIN for the business bank and credit accounts, or simply create a personal bank account for all rental activity in the meantime and wait till I get an LLC down the line.

Currently run multiple funds that hold a total of almost 4,000 doors of real estate across 9 states.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

When I buy a property to hold I look more at cashflow than I do ARV compared to this situation where I am more focused on the resale value and less on the cash flow.

Investment Info:Single-family residence buy & hold investment.