My attorney says he prefers it when there is a business reason for the state of the LLC, and he said either your home state or where the property is located is suitable.A much bigger topic is whether or not having an LLC is a good strategy given your personal situation. 

Visit the location and ask questions to a property manager who will give you honest feedback. 

Do they have any US banks located there.

Sold 4 of our 8 Selfstorage locations to take profits off the table and pay some debt down.  

Almost any time I want to learn something new I can locate a book or two or three on the subject and spend very little money to broaden my horizons.

I have been looking at 3-4 unit properties and stumbled upon a property located in Columbus Park.

I have a question, is this property located in Greenfield or Indianapolis?

I'm looking for specific locations near airports, hospitals, universities, etc.

I’m not able to personally qualify for cash out refinances.I'm looking to sell my home located in Southwest Florida in a HOA community but want to remain in the home to lease- 3 years or more.Does anyone have experience with this type of program or have any suggestions for me on where to look to get this done.

Quote from @Ben Whittington: Title says it all - how much do you, private lender, pay for attorney's to prepare your loan documents (contracts, promissory notes, deed of interest, etc.) and where are you located?