Looking to start I have a few ideas which ones are good/bad

[Joel HusVar]

A friend and myself have decided it's time to start buying properties due to the fact my local market is in a bottom market and interest rates are so low, it's practically free money. I feel in my market it's best to buy and rent due to the property values being so low. Would we want to open a LLC to do this? Should we put our own names on it without a company? Our 1st couple properties will more than likely be 2 family properties that are already rented out to get posotive cash flow. Then possibly a rehab. What tips can anyone give so we don't get over our heads too quickly?