First and foremost, buying more than one property at tax auction is advisable to help you unload those that may have liability issues. 

Further more I only need to file taxes in WY since I am not in CA so not doing any business there so don't have to file CA taxes.My questions are as follows:1.

AND, if you ever sell without a 1031 before you die you’ll probably end up paying higher taxes in the end.

LLCs require additional filing fees and tax returns and just complicate things.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Higher property taxes compound the expense for buyers, making affordability harder to achieve.

Texas is okay but higher taxes and can't get a HELOC. 

Tax assesments can be way off.

Its interest income - unless you wanted to run it through a C corp but then you pay corp tax first.Other option is to use a deferred retirement account. 

The entity you select can impact everything from how you're taxed to how you protect your personal assets.LLCs are often the go-to for real estate investors because of their simplicity and flexibility.