Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Probably about 10,000 posts on this topic so you can go down every rabbit hole.  

Getting a few quotes is a good idea in this scenario. 

I'm not really "pitching an idea" as much as I'm wanting to scale up something that is untapped and ready to roll. 

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

I can’t figure out how to search through the app for any topic.

  :)   She was kind of getting the idea, and I know being new she was trying to pelase people but i said you are talking aboug 5 people, you are not thinking of the 130 others, the more to come etc, you cannot let people walk all over u etc!!

Let's say I buy a 4-plex worth 1 million with 20% down payment, I will have to shell 200k out of pocket, would it be possible and is it even a sane idea to  use up the entire IRA for the down payment and fund the remainder of down payment from out of pocket?

@Pete Harper - Here is a forum that has discussed this topic years back: https://www.biggerpockets.com/forums/104/topics/1044333-pure...

Other ideas that have captured my attention are finding a 4 bed/1.5 bath house that has room to add a stand up shower to make it a proper 4/2.