Use sub-folders within visual studio projects
You SHOULD use sub-folders within each project to reflect namespacing and separate dependency layers. Doing so helps remind you that the solution is becoming more complex as this tree grows. And proves useful when refactoring or extending the project.
You SHOULD use parent names in solution subfolder names.
Practical tips
Follow SOLID principles to refactor out exposed complexities. This helps to reduce each project to its simplest form.