Here is another resource I found on BP that talks about pros and cons of LLC.

I too, am aiming for the BRRRR strategy, with my wife's family owning a construction company, we can use her resources at great costs.

I have been slowly reading through the guides on the BP website to gather background information.  

Hello, Would like to post a question for all the folks who invest out of state (or those who have had experience) -  Do you recommend any specific tools or resources to study trends and potential in that market?

I’m not a licensed realtor so I had to find out how to get these listings without having the resources most realtors have.

At the same time, I look for people that in exchange are willing to guide me through the process of getting into rentals, and starting out with rentals. 

You can buy for this, list for that....if you do not wish to personally take the listing you can legally split commission with someone who will.You will have access to better tools, information and resources.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

I was thinking of putting someone else as the buyer but my compliance department said if I guide them in any way or tell them what to do I would be acting as a broker.

I signed up as a pro member of BP, joined a webinar by @Brandon Turner, analyzed a potential deal, have been listening to 1 podcast per day for 6 days a week, have been reading BP articles, started reading BP's The Ultimate Beginner’s Guide to Real Estate Investing and Building Wealth One House at a Time, bought 4 BP books, created my BP profile, talked with a California real estate agent, talked with an Indiana real estate agent in referral, talked with a friend who's a real estate investor, asked friends for real estate agent referrals (even out of state like Nevada, Chicago and Tennessee), etc.Bottom line is I'm super pumped about real estate investing :) Just in case anyone is curious, I'm looking for a team of mentors, real estate markets outside of California markets, real estate agents, mortgage brokers/loan officers, real estate attorneys, property managers, contractors, insurance agents and handymen.