CPA/Lawyer Advise

[Kaleb Musie]

Hello Everyone,

I'll soon be buying my first rental ( 2-4 months) and wanted to get advise on establishing a team (CPA/Lawyer).

Because of my market, I may be investing out of state. So legally, is it best to have a CPA and a lawyer in the state in which I buy the properties or can I simply work with local ones?

In addition, I definitely would like work with a CPA in order to take advantage of tax savings, however, should I only be concerned getting a lawyer once my portfolio grows/has significant equity? Or is it best to simply establish a structure right away such as an LLC if my goal is in fact to continue to buy properties?

Finally, if anyone can recommended a good CPA in Norther Virginia or located anywhere so that I can talk to to get a better understanding before making a decision, that'd be great!

Thank you