It can be tempting yes.But you should really weigh the risk, the amount of money you’ll have to offset from your appreciation by losing cash flow every month, the delays that can occur in corporate moves, a general downturn in the market, etc.

And after sitting at a desk the last 2 years straight, doing graphic design, I know that I am much more fulfilled when I am working with people.

I understand there are complexities in having properties in different states from a tax/incorporation perspectives.The question is: Where should I create the LLC to buy the properties?

What they need is an "investor" (read parent(s)) to help them qualify.When I was working in corporate America I was in the same situation as you.

It also provides Builders Risk coverage for the addtions and alterations as they are incorporated in the building. 2.

Nationwide incorporators is a good example of one I have used many times.

I am a Canadian investor looking to invest in the Cleveland OH.
Anyone got any lawyer recommendations? I'd like to set up a US LP and a US C-Corp.
Ideally someone who has worked with Canadian investors before.
Tha...

I believe the best option incorporates all three approaches, in the following sequence:Connect with knowledgeable local investors to quickly get a sense for the many sub-marketsBuild a core team of capable professionals (PM, inspectors, contractors) who are goal-aligned with you and also have no conflicts of interest among themselvesDo a single small deal to establish a work process for the team and get a minor win.Make strategic visits, not to inspect rehab work but rather to strengthen your relationships with your core team.Do more and larger deals, adjusting the team as necessary.This is exactly the approach I'm in Lubbock, Texas today and would love to compare notes with you.

Our year one goal is one flip per quarter, and from there want to incorporate buy and hold into our strategy as well. 

I anticipate sub dividing and remodeling to incorporate mix retail/office and bar-restaurant spaces with a lot of cool factor; multiple tenets.