Setting up a LLC, first purchase. Newbie questions.

[Nathan Astrup]

Hello BP,
Im a brand new RE agent in cleveland and Im planning to make my first investment in the summer.

Im looking in mayfield and lyndhurst for duplexes that I will live in temporarily and save for the next purchase. My father in-law is going to put money up for the down payment and wants to partner up for future investments.

What would be the best set up in terms of financing? I was thinking possibly an LLC. Or would it be better to just have a sole owner.