During this threat I set up several LLCs to quickly move the properties into and was prepared to do equity stripping through another LLC.  

If your DTI and credit score allows for quick acquisition you could technically buy one property per month using conventional financing.

I deeply appreciate any feedback as this totally new for me - I’m just trying to quick build something to scape the rental trap I’m in .

Quick question: We’re new to landlording and a pump in our tenant’s unit broke leaving them unable to use the kitchen sink for 5 days until the plumber can replace it.

Depending on where the property is located this may be a difficult time of year to find 16 qualified tenants quickly.

One item at a time, but go through it quickly the judge has other cases too. 

I am not looking for wealth overnight or a get rich quick deal.

The first one is always a learning experience but it sounds like you're figuring it out pretty quick.

Any sort of shortcut is not to replace a proper analysis and thorough due diligence, but if you're analyzing a ton of deals, a quick a shortcut may be helpful to determine if a deep analysis is warranted.

@Jim Growfer think it's okay to use the 50% rule to quickly gauge NOI and determine if a project is worth deeper analysis. 7% interest is high and yes, that would be a bad deal if you only netted $10k on a $2 million purchase.