Being on a team is personal preference, but I prefer it because I like the camaraderie, support, and accountability of a team. eXp Realty also allows you to make your full commission on a couple of your own deals per year (minus a few minor fees for the transaction), which I find very helpful in general and as a real estate investor. 

Would prefer something where the incentives are more aligned and tied to long term success of the deal.Where do you typically come in contact with out of state sponsors and investors?

From there you can learn whether you like having a 3rd party manager in place, or if you would prefer to be more hands on. 

Hey Kaylan,Stick to the neighborhoods where your middle class Americans live (teachers, mechanics, mailmen, etc) These are the best areas to drive for dollars since most of your end-buyers prefer to flip these homes.Also, look into pulling the Code Violations list from your county - they are essentially driving for dollars for you.Best of luck 

Some lenders will do it in your name, and then transfer it back to the LLC, but I don't prefer that (due to transfer taxes).

This will come down to preference and what you are wanting/willing to do.

Keeping it brief -- I'm in Wisconsin and planning to do some OOS long-term rental investing, preferably a BRRRR.The goal? 

The "best" of anything depends on your preferences, tastes, goals, etc.

That said, some sellers are not big fans of FHA loans and they prefer conventional loans more(newbie question #4) Since I got a conventional loan for my first home, Can I still get a FHA loan?

Prefer greater Nashua but will travel for someone that's good.