I might take the help of professionals for initial setup and maintenance as i am new to this field but eventually i will maintain it myself so looking for safe,business friendly state with low fees,taxes.

Glad you're in the field aiming to help local park managers and local sellers in and around your area.

One of the many ways I use to to acquire properties that have been advertised for tax lien auction is to go directly to the property with the tax sale lien notice.If the house if vacant, I start my search for the ownerI try to make an offer to buy it or control it subject to re-sale by public auctionI sometimes make an offer to buy while doing a joint venture with the seller (I call it a hybrid offer)There are times when the owner just forgot to pay the taxes, or intends to pay them later or just buying some time until the property is sold or refinanced.If it is occupied, I just tell them that as a private service I wanted to inform them that they have rights during the tax sale procedures (I explain their rights and what options they have), many times the owner appreciates this information and may later call you to make an offer.I realize that while on my way to the tax lien property that I will be driving pass hundreds of other properties where I may see a FSBO or a vacant house that might be a prospect for me.I understand the Universal Law a Reciprocity and how it works, to give freely of your service or advise, the law says you will be rewarded sometime in the future when you don't expect it.Helping other is something you can feel good about.Being active in the field is the best way to find good deals (better than letter writing).

I'm not a licensed Attorney in Indiana...talk to a RE Attorney in your area about the following:  (This information is from information provided on the website of a Texas Attorney I know that is top in the field of Real Estate Law - in my opinion.)Recently, a new type of LLC–the series LLC–has become available .

Right now I just rely on my calculator (back-of-the-napkin math) when I'm in the field, so I certainly could benefit from something with preloaded assumptions that I can just plug a few #s into and have a full proforma in seconds.

I've been crunching some of the numbers as outlined by numerous people here on BP for some of the houses in my area and producing cash flow on rentals just seems like a long shot. 

Do you enjoy what investors do enough to keep learning and adapting in that field and market?

My concept was to try and locate (perhaps the local recruiter idea is worthy) one local company in the tech or bio med/chem field as they are very pervasive in this market.I would then work with them on a more exclusive basis in order to better maintain a more qualitative and responsible single tenant who would perhaps be more diligent inasmuch as they would be the exclusive lessee/renter.

@Karen Margrave Based on the recommendation of a friend that is a book keeper, for one of my businesses that I want to be able to do estimates directly from the software in the field, I'm trying out Xero.

I have numerous others who want to invest in my next project.