My plan is to purchase a few turnkey properties, use the cash flow to pay down their respective mortgages, then 1031 exchange them into a MFH complex.

I had a discussion with someone I respect highly and she stated a man bragged to her that his CAT could be his partner.

I very much respect the work that agents do.

RPI in Troy is a respected university with serious engineering students who won't trash your apartments, according to one of my clients who also owns buildings in Troy.  

Respected for his unique blend of creative and analytical thinking underpinned with a commitment to collaboration, intelligent risk-taking, entrepreneurial spirit and leadership presence within dynamic organizations he knows how to keep it real and close the deal.In addition to his business interests, Mark is involved in numerous community outreach and volunteer organizations including the South Brentwood Residents Association (advisory board member,) local homeless advocacy group The Giving Spirit (chairperson-fundraising, community outreach,) American Youth Soccer League (referee and division mentor,) and the Girl Scouts of America to name a few.

Make sure you get a well respected partner/mentor as there are sharks out there... good luck!

So I get that the LLC won't provide legal protection, but I'm wondering if my thought process is sound with respect  to the retirement account.

My advice, treat the tenant with respect and I hope that she will reciprocate.  

These are my 3rd and 4th property, respectively. 

I have around 60k also, but I have never been late on any of my bills because I respect the value in making my lenders whole.