Newbie to REI (Q #2) - how to structure your first deal(s)?

[Mason Blake]

Hi there, I am new to REI and have not yet bought any properties. One of my first questions is how most people are legally structuring their first deal? As a tech entrepreneur in the legal space, I am not afraid of lawyers and understand the importance of the right structure for protection. You will ask, "what type of deal are you considering?" but I am not sure yet. I am thinking a buy and hold for a long-term rental, and eventual BRRRR.

Are most people doing their first deal personally under their own name?
Or perhaps setting up an LLC?
What if you plan to own many properties in the end?
What if you want to separate and protect your spouse from any exposure or debt?