Wondering if anyone has faced this issue and can advise. 

Curious if this would be advisable for the first one to help save some money and then maybe add management as money allows.

Thank you @Joel OwensGreat advise.

Can anyone advise me on where I should start my journey on house flipping and what the best first step would be?

Readers are advised to seek professional advice.

However, assuming he did know a good deal from a bad deal how would you advise him to spend the money on Marketing?

Any advise?

https://sutlaw.com/They can advise you and will also setup the LLC in Nevada and WY if that is what you need. 

I am not here to be a punk.I am here to show you that the reason so many of you fail is because you think like this.Stop acting like you don't have the capabilities to think analytically.You all think and advise others based on sheer randomness, emotion, and the way the wind blows.

Typically, accountants advise my clients to set up a LLC (and file as a S corp) as the real estate holding company opposed to setting up a corporation (ex XYZ, Inc.).