Forming an Entity for first time buy, California resident

[Erica Chung]

Hi everyone. I’m very new to real estate investing. I’ve just been feeding on reading content. I’m currently reading Long Distance Real Estate Investing by David Greene. And would like to apply his advice to starting my first purchase.

But I’m just stuck in the legal aspect. For an investor purchasing their first property outside California...

1. Would it make sense to start with single or multi unit home?

2. Invest personally or form an entity?

3. I am not married, no kids, paying taxes in California. Could I form an entity in another state without having an office and team?

- Airyca