Series LLC or Just LLC's? / Local CPA who invests in RE?

[Dawn Heimann]

Hi, we currently live in Georgetown, TX which is just north of Austin. We are going to be purchasing our first home in Indiana this April. We want to start it out right. For the first quite a few homes, I see us just staying in Indiana. Should we form a Series LLC and if so should it be in the state of Indiana or should it be here in TX? Should it be in OH, where it is less expensive? or should we create individual LLC's for each property? Should we create the LLC then move the money into the LLC to purchase the property or should we purchase the property in our own name then transfer it into the LLC?

We plan on paying cash for the first one so there will be no loan, but we will take out a loan on the second one. 

Can anyone recommend a local CPA here around Austin, TX that we could start working with that is an investor as well?

Thanks for your time, help, and advice. 

[Travis Weldon]

You should talk to @Scott Smith. He helped me create a series based LLC formed in the state of Texas to hold my properties in Indiana. Each series or cell then owns my investment properties. There's a lot of benefits in regards to this structure that he can discuss with you. Plus he's local to you in Austin.