Business Structure for Lonnie Deals

[Jon Luciano]

I have started to look for my first Lonnie Deal and had a question about setting up the business. In Lonnies book, Deals on Wheels, it seems that Lonnie does all of his deals as an individual. Is this the best way to do them or is an LLC, Corp or S-Corp better? I live in Colorado in case that helps.

Also in the book, he always refers to "checks" coming in the mail. To prevent bounced checks, fraud etc is it better to require money orders instead?

I tried looking for the answer to these and came up empty, I'm sorry if this is a duplicate thread.

Thanks for your time