He also states that if you do this the right way, you will never have to use any of your own money, as once you get your first deal, you can just use the money from that deal and then reinvest that money into your next deal, etc.  

If you only end up flipping one property in your first year just use a standard LLC.

I'm still a little confused about the best way to finance my first buy. 

Global Property Guide is a great first resource for international real estate investing, @Brandon Camarillo.

I am having a hard time with the math to figure it out.thanks 

Hello everyone,I'm a first-time investor and I'm looking at purchasing a duplex in Texas.

We have guests there from 3 to 15 days at a time and it is way out in the boonies so there isn't much of chance at this happening.I don't agree with shorter stays causing more problems.

Once I booked and realized that, then I was stuck - waiting... to see if I would get a response in time for me to check in.  

Any suggestions on when is the best time to set up a LLC, is it too late to get it after an offer is accepted? 

As Jay mentioned, massive power requirement that will not get cheaper in time, and along with large water requirements for cooling the rack systems, so targeting locations that provides these necessities is key.