Is it best to set up a LLC?

@Tony Castronovo wow that sounds like a VERY good set of terms!

I just want to set in place a system that allows our company to grow and do real estate the right way!

I picked up a copy of Chris Clothier's Turnkey Revolution book and it only increased my interest.I reached out to Memphis Invest to set up a 1 on 1 call and was quickly contacted by a portfolio advisor to set up a call for later this week. 

Feel free to private message me and we'll set something up.Happy Thanksgiving.

Yes, I have skill sets that I could use and have a nice 9-5, but then I'd still be asking someone to be with my kids. 

That's a great way to get into the business.A few tips that may be helpful to you here on the Bigger Pockets website as you build your portfolio:You can set up keyword alerts so anytime someone posts about Layton (or the specific neighborhoods you're exploring), you'll be notified.

Both will probably help you as you jump into real estate.A few tips that may be helpful to you here on the Bigger Pockets website as you start building your portfolio:You can set up keyword alerts so anytime someone posts about Jacksonville (or the specific neighborhoods you're exploring), you'll be notified.

Yes you can form an LLC to receive the rental property and set up a tax ID number and bank account.

I think you could use the second tab to set out a bid form for your GCs.