This will at least help you get exposure to other folks that are in different verticals in real estate and help you figure out which avenue is for you.Happy to chat more, I'm a broker & investor based out in NYC/LI.

They were scared to scale and add to the property count so my exposure was limited. 

The point is if you get sued, you want to isolate your exposure for loss.

I have $60k of capital available but would like to limit my exposure and pull out as much of my investment as I can after the reno and refi.

Why the hassle and exposure for so little return? 

If you are managing the properties you should discuss with your agent your exposures:1.

The main health issue is typically direct contact with the PCBs so it may be feasible to cap or isolate the contaminated areas and reduce exposure to occupants.

But exposure to it is always a good thing.

You'll always be liquid, less capex exposure, and you have more of your time. but if your ego insists you keep 7, then make more money and spend more time with this. 

Your exposure is compounding due to having it in you or wife's name.