There are some advantages to sticking to one market that you know well and have established contacts, however, real estate is local and different markets perform differently giving you an opportunity to hedge your risk.

Is it best to go through a local lender with the thought of establishing a relationship for future deals?  

Ultimately, we (my brother-and-law and me) would like to be able to purchase, renovate and sell-on properties using our own resources, but short term goal is to establish our company first.I found BiggerPockets just by searching the internet looking for real estate networking opportunities.

Since allocation of real estate costs of closing are very regionalized, these costs of closing may be paid with exchange proceeds (or deducted from gross proceeds before establishing the exchange account) on either sale of relinquished or purchase of replacement property.

And for this 2nd property purchase in the future I plan on having a well established career, and spending a lot more($300,000-$625,500) in a bigger city like Miami or Los Angeles.

Now I'm wondering: Should I move out and establish my home as a rental to give me a better debt:income ratio?

I've established a great team of people to help me moving forward and deals get easier and easier as I gain more and more experience.

I have just recently relocated the Phoenix area and I am trying to establish a network of wholesalers who may be working in the Maricopa County market. 

How do I establish a real estate business - LLC, Scorp, Asset Protection.

The primary goal will be to establish innovative infrastructure among the buildings.