Investing out of state - Structure/Tax Advice?

[Rik Patel]

Hi All! I'm currently residing in Florida where there's no income tax but looking to invest out of state where there is and had a couple questions regarding the matter.

1. Do I setup an LLC in the state I'm investing in?

2. If I setup an LLC, I'll qualify for commercial financing which I don't want, however, I want the protection the LLC provides. If I transfer title after the purchase, it might trigger a due on sale clause?

3. How are investors cash flowing with paying income taxes from out-of-state investments?

4. What legal structure do you recommend I setup?