Virtual Wholesaling Legal Structure

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Happy Saturday! 

For those who have seen success through virtual wholesaling (wholesaling in a different state than you live in), how do you have your legal entities/structure set up?

My partners and I are currently in discussions with a few different law firms to help us set up our legal entities. We live in California and plan to start wholesaling in Texas. One firm has suggested that we file a California LLC, elect to have it taxed it as a C-Corp, and to utilize land trusts in Texas for every wholesale deal that we close.

This seems like a costly strategy, but since we are new to wholesaling, we are unaware of alternative solutions. We obviously want to keep costs down, but not at the cost of sacrificing asset protection, tax optimization, etc. 

I understand that any response to this discussion will/can not substitute legal advice that I can receive from an actual attorney. I am just curious to know how other wholesalers have their structures set up. It seems like this is somewhat of an unspoken topic. There is plenty advice and information out there on which direction to take, but I very rarely see people openly share how their legal structure is set up. 

Thank you in advance for your response. I appreciate you taking the time out of your day to lend a helping hand.

Best,

Derek