How many investment properties is too many?

[Wainuiguy]

"I think if a number is really wanted, then perhaps no more than 2-3 properties per person or no more than 5-6 per trust or company - but that's just guesswork & probably  experts would see things differently."

And seeing as Luxon likely has his 4 rentals in  trust or company structure......QED.

Best not to make assumptions - seven properties in total is a business or as close to a business as its possible to get.

Perhaps just accept that we disagree.

We disagree - but you are also just wrong.