Which Business Model and Now or Later?

[Tara Kinney]

I currently own two single family homes which I rent out.  They are both in my personal name.  My "real" job involves a high chance of litigation sometime in my career and I want to shield my rental properties from this.  (All I currently have is an umbrella policy for protection). 

I am currently planning on selling my single family homes to take out the equity and start buying multi-family homes.    

My question is, what is the best type of business to put my properties into and how do I go about transferring the titles over to the new "business".  Should I put my single family homes in there now, or just wait until I purchase the multi-family homes?