But at this point do not want to get too much ahead of myself.So, basically, keeping my current situation in mind, how to form an LLC, any specific type (cost effectively) and move my property into that LLC and eventually all my finances too.

People will always tell you their method is better, but eventually it comes down to you to make the decision.

However, my wife was not with me at the time so in respect he had to end the conversation, because I'm sure it was eventually going to lead to making a decision on whatever they were trying to market.

I'm looking to get into wholesale but also eventually fix and flip.

Keep it, benefit from appreciation and eventually use it for a HELOC for future investments2.

You will eventually over-leverage and everything will come crashing down when the market turns or some other unforeseen event occurs.The wise, proven way to build wealth is to earn money, save money, and invest money.

I would like to build a portfolio that I can eventually give to my children in the future to help them build generational wealth. 

I have a SFHs, duplexes and a 4-plex and would like to eventually sell the SFHs and 1031 exchange them into MFs.  

Eventually, I'd like build a portfolio of 10 (potentially random number) properties.

My plan is to steadily acquire smaller multifamily properties and eventually roll them into larger multifamily deals, which is a natural fit, given my professional background.