While we are very selective in our screening process, we have been able to maintain very low vacancy rates. 

There isn't very much selection for management companies out here either.

Select a town within your proximity, find the median home stats in the town (median price, sqft, bed/bath). 

When you select an attorney, be very open and tell them everything you are going to do from a contract perspective.

We’re getting an LLC and S-Corp set up now so we can hit the ground running when we get there.We’re planning to use the S-Corp for the flips (we don’t plan to make enough money the first year to actually reap the advantages an S-Corp provides, but you never know) and the LLC is for our longer term cash flowing holds.We’re looking for advice on what to look for when establishing LLCs and what to look for when selecting a bank for establishing a business account after receiving our TIN.

I'd also appreciate hearing from those who have tried something that didn't work, and where you think that the selected strategy went wrong. 

The site keep selecting carolina even though i chose california.  

Since each market has its own set of unique risks, selecting managers with deep knowledge of that market is key.

It is essential in investing in real estate that you understand how financing works and how to select the right property to invest in.

I gathered all my notes in a 50+ pages document touching on formation and maintenance of LLC and business structures, transferring assets, protection strategies, trusts, anonymity, insurance, levels of protection, etc. including when you should do it, how many properties per LLC, due on sale clause, selecting an attorney, fees, checklists and resource materials.