Newbie Start up property title advice

[Troy J Szczudlak]

I am a complete newbie. I have recently inherited a single family home that I would like to use as my initial property with plans to expand rental portfolio. Should I transfer this home in to my name initially or should I just create an LLC out of the gate and transfer title directly to LLC? If so, will that limit equity I can pull from home which currently has no mortgage and is paid in full? Advice or guidance is appreciated.