I'm just getting started here on BP and as an investor and over the past month of discovering the concept of passive income and listening to over 100+ hours of podcasts I'm clearly an expert right?!

Investopedia has great videos that describe concepts for beginners.

It all depend what each LLC is doing.If LLC B owns property in State  and receive rent in state B, it only needs to be registered in state B.If LLC A is just a holding, not doing business in state B, but just owning LLC B, it does not have to be registered in state B.The concept of using a holding LLC is multiple.First as you described, if state B does not give you anonymity, you can get the anonymity of state A by having LLC A listed as sole member of LLC B.Also, and it is probably the most important point, if state B does not have good charging order protection for their LLC, you can get the excellent charging order protection of state A protecting your LLC B for outside liability.Delaware and Wyoming are two very good state to get your holding LLC in.

These concepts are well described in the books "Richest man in Babylon" and "Profit First".

It only has one post at the moment (which is just a very simple illustration of the concept of options), but my intention is to add content to it as I discover more in my research.I hope you'll follow and participate in my journey.Alan  

Concept or idea 2.draft a business plan (this can be simple 1 page outline) 3.set up the entity and tax ID 4. open bank account 5. take action on the plan.

She understands to concept of leverage, so she's looking to maximize some homes on that front, but what type of units should she buy?

We also never pick up rent in person - it must be sent to a PO BOX - if tenants don't have a checking account, they should understand the concept of money orders. 

Currently, I have a full time job in the fenestration business, and I was legitimately curious if the whole concept of "indoor/outdoor living" had a major effect on home values. 

I get the concept but action and practice seems to always be different in everything I do.