Don’t worry about setting up an LLC right now.

Would I still have to go through closing lawyers and get the deed updated to my name or LLC? 

We create a new joint LLC for each investment, and each participant gets listed as an owner of the joint LLC. 

Quote from @Sabrina Marie:Went back to looking at Digb and Quickbooks and made the move to Digb so I don't need to setup multiple subscriptions for each LLC, it isn't setup out of the box for real estate and I'm not an accountant/don't want to pay someone to set it up for me.

I wouldn't even have known about this law had I not been on the Secretary OF State's website setting up a new LLC.

I'm guessing though that since the IRA owner isn't allowed to take out a salary, perhaps the SDIRA LLC will be required to hire employees? 

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

If you are going to finance your rehab then use a LLC to purchase and a rehab lender for financing. 

I'd recommend a private lender since you have an LLC and good credit.

For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.