LLC question: when to create

[Alex Wasilchuk]

BP Community,

I am living in New York and am still looking to get my first deal, which I plan to have out of state. I have a brief question in regards to setting up an LLC. Being that I would want to protect my first property under an LLC, should I be creating an LLC now? Even though I don't know when a first deal would be achieved.

Also what's the cost I could expect to set up an LLC?

Thank you and stay safe!