I would second much of the specific advice given and would just generally add that getting a book or two on landlording (or creating your own reading list by browsing many of the blogs, forums and podcasts on BP) might be a good introductory education on landlording. 

What I wrote above does not create an attorney/client relationship between us.

I have read all the books, searched all the markets, began my networking, and created a 5 year plan for the start of this investment company.. bigger pockets my question to you is where do I step next? 

We're going through the same process right now and are inclined to create one LLC per property with a Corp as controlling entity.Even though some states do not require you to register the entity on that state (in Ohio is preferably but not mandatory for example), if you would to have any legal issues, you would need to be registered to conduct business in that state.

When I look at the REI landscape, I always wish that more investors, players, and vendors would try to create win, win, win situations.  

So I and 2 friends created a TX LLC for the purpose of meeting a $100k minimum to join as Limited Partners of an LLC that bought a multi-million dollar, 200 unit apartment complex in Atlanta Georgia. 

I created an LCC in my current area, Augusta, GA, which is booming due to the whole Cyber initiative.

If there are no written lease you need to create one.

What I wrote above does not create an attorney/client relationship between us.

First I would create a strategy to invest the funds.