As Ned says, the two most important resources:1) read you actual state laws and procedures, then2)) buy an hour's time from a local attorney who deals regularly with taxOnes.Most books are not helpful because strategies in one state are irrelevant in another, due to different laws, redemption periods, etc.

@Jamie ParkerIt rather depends what you expect from the LLC, as Ned said.As a wholesaler, you're not really holding anything long enough to make a difference.

tag=thefind0265755-20&creative=395261&creativeASIN=B004WK0L4E&linkCode=asn HD recently had the LED screw-in compact light fixture below on sale for $10 that we are using to switch out a lot of the traditional bulb fixtures.http://www.homedepot.com/p/Commercial-Electric-1-Light-7-in-White-LED-Easy-Light-54606141/204372304

Just one more reason to go the longer distance as Ned pointed out above.

You really do need to consult with professionals as Matthew pointed out, and vet them as Ned pointed out.

As Ned points out, tax court is where the real action occurs.

Like @Ned Carey , I have also spent a considerable amount of money on guru trainings (maybe not as much as Ned, but approaching six figures).

No you think of me as Ned Carey.

There is no such thing as 0 risk investments in any form no matter what the gurus other there say but as Ned stated if you know what you're doing and do it correctly and within the laws of the land you'll find out the risk is much lower than if you were going head on with zero knowledge.Knowledge is power use it wisely.

As Ned and Brandon have said, there are a number of ways to get financing.