checklists for getting ready to close on the first deal

[Lei Z.]

Another newbie question: are there checklists for newbies to follow to get ready for closing on the first deal?

What I mean is the operational part of the process. For example, do I need to learn about and set up a LLC in preparation for my first property being a rental? Should I have a CPA/tax accountant and attorney on speed dial before making any offers or after closing? What else should I add to the list, in what order, for what situation?

Our time is limited and I want to spend and prioritize it wisely, as I learn to formulate my own investment strategies/criteria and building my team.

What should/can I do in small steps to get ready for making the first offer and closing on the first deal? At what point in the first-time REI journey, little things such as opening a checking account dedicated for a BRRRR property becomes a must-have?

Thank you!!