Looking forward to 2019 to really expand my rental knowledge and with buy and hold portfolio.

I’m hoping to build a buy and hold portfolio in the area.  

I want to build a portfolio using BRRRR for out of state properties to start.

Then you could also choose to use on Traditional LLC as an operating company, to separate the liability of your operations (contractors, property management, etc.) from your assets.For which entity, whether Series LLC or C-Corp, will fit your portfolio best, you need to talk to your CPA.Some generalized comments on the topic, though.

An exception to this would be if you buy in bulk or a portfolio of homes at one time.

I also manage my own stock portfolio, which has steadily remained profitable.

In March of 2018 we sold our portfolio to a single investor and 1031'd into a 20-unit apartment complex, which we closed in August.As Yoda says, "Win or learn, no failures there are" (I might have made that up). 

They do 15% down on duplexes owner occupied or if you are lucky enough to find a portfolio lender some of them might go as low as 5% down on a multi unit if you move in.

The LLC, when properly formed, will compartmentalize the risk between Sibling #1 and you.Option 2: Series LLC (preferred) This situation would depend on your own portfolio, but you can also form a Series LLC.

I even found a portfolio lender that will go 5% down on a 2-4 unit since they keep their loans in house they don't have to conform to the Fannie Mae Standards.