LP or LLC or sole proprietorship

[Frank Anselmo]

I have followed Garrett Suttons advice for starting a corporation out of state.  If you are not familiar with Garrett Sutton, he is one of Robert kiyosaki "Rich Dad" advisors  He advises everyone to start an out of state corporation, Nevada or Wyoming to avoid damaging lawsuits going after your assets.  Real Estate can greatly benefit from that. 

So my question is that I really don't want to fork over $900 to start an LLC or whatever because I don't have a partner and I am very, very new to Real Estate. Would it be important to hit the ground running and just start an LLC even though I don't have my feet wet? How did you guys start off?