Because I have 2 boys because I live in an expensive city because I want to travel the world & afford a nice house because I'm tired of corporate America and on and on.  

I haven't been on BP in quite some time, but this fall I left my corporate job and have decided to give real estate investing a go full-time.

Is it corporate credit or the franchisee's credit?

Or are these corporate investors who bid up a large number of properties knowing that a certain percentage will not get paid off?

I am also a California resident and, as it is, we are probably in the most European-like state for social programs and such. 

I went to a Than Merril event and they say the best place is to get on in Las Vegas Nevada because of the corporate Veil or something like that to protect yourself.

Part of the problem is you are dealing with a corporation and not people right now.

Quit my corporate job!!!!!!

If you own 100% of the LLC the LLC will be disregarded for tax purposes and be reported on your individual return unless you make an election to file as an S Corporation which generally does not make sense for real estate since its so hard to get property out of an LLC filing as an S corp without a taxable event.

I am new to this arena and will be reading and learning from all of the leaders here in order to learn new and awesome ways to help build a better community and to work for myself and not for Mr corporation.