I dont have 50 props as I dont count inventory that we own which is 150 to 200 properties at anyone time.

In other words, I think we will probably have to be on the hunt for a very good deal or a very distressed property, and will not be investing in million-dollar multifamily properties... yet!

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

Why not use your IRA to just buy the property? 

Only properties that are grandfathered in. 

Yes, you can transfer your properties to an LLC without refinancing, but here’s what to keep in mind:1.

That's the only way you will know if it's legal.In a true wholesale deal you are putting the property under contract, then either assigning your contract or double closing. 

Is your $$$/mo CF a true CF, or is that your net right now without any maintenance coming up?

Any time you are not living in the property it is more risky for the lender.

I have my first home rented out, it's currently not in an LLC and I would like to pull equity out to purchase my next rental property.