Do I open my business in California, a state that is more friendly to small businesses like Nevada/Florida/Delaware or Indiana? 

@Tiffany Jones I recommend you incorporate in Delaware and then register as a foreign entity in the state you want to do business in, this is where the most benefits are via "corporate veil".

When in fact, there is no such stipulation in the law.For example, in the county that I mostly deal in, while no law exists, the de facto minimum amount is $1,000 per contract.

You always hear about how Delaware has the best tax laws for corporations, and how each and every state has some different rules and regulations that govern corporations... so... whats the best one?

A couple other things the county didn't really like was that if you have a de facto "campground" but aren't offering any ammenities how are the impacts of people all over going to be taken care of: ei, fresh water, bathrooms, trash, or even further out -- law enforcement issues.

Who was to know that Apple would make this incredible turn around it has in the last 20 years and that the company would headquarter on Stevens Creek and Hwy 9 ( well I am dating my self  Hwy 9 is actually I think De Anza blvd now LOL)I think you can have plateu's but a crash in prices I just don't see it in these areas..

The Nine states with a true Series LLC statue are; Delaware, Iowa, Nevada, Utah, Illinois, Oklahoma, Texas, Tennessee, and now Kansas (Yeppie :) Here is an interesting Article about NC recognizing legal internal/external structure from a Series LLC from NV: Sounds to me like one could hold assets in one the Mother I'll call "9" business friendly states, operate a series (or property) in NC, depending on how the operation is structurally performed end up under 9 or NC law in a landlord-tenant or flip limited liability suite, foreclosure, or charging order.

Quote from @Paul De Luca: @Michael FureyIf it's not actually going to be your primary residence, you should not use an owner occupant loan.

Visit the properties and also get to know the property manager or team this will make or break your investment regardless of the area you invest in A, B, C, D, E, or F!!!

I'm curious to know what would be the most tax-advantageous,investor friendly state in which to set up my LLC in.I've heard & read about the Delaware Series LLC but I've also heard about Utah & Nevada as being good states in which to form your LLC in.