I wouldn't imaging the state where the entity is registered makes a big difference for most buying and selling purposes as long as you can provide all of the required documents for title purposes.

Because later on, if you want to get a business line of credit, apply for grants, or pivot into a different industry (like buying an ice cream truck—hey, life happens), you can use the same LLC without lenders or banks assuming you're only doing risky real estate deals.

For context, I'm based in the SF Bay Area in CA and looking into buying my first OOS rental after house hacking locally for 10 years.

I support (and use) a utility-cost cap amendment in our leases to ward off those who might want to mine cryptocurrency or operate an indoor greenhouse, but the vast majority of MTR have utilities included and the vast majority of travelers expect that they are.

Start saving up and buy your first place.

I’ve also used a HELOC to buy a couple houses.

I would recommend you look for a good neighborhood to buy a multi family in.

I am on fire to get going, and to stay on track with my plan I will have to buy minimum 1 property this year.  

When someone buys a property using SubTo, does that make then legally responsible for the loan?

@Benjamin Seibert were you looking to flip or buy and hold?