Normally contractors do not create nexus but employees do.

I typically wholesale in LA and OC, but I will wholesale anywhere in the county if a deal presents itself.My current business plan is centered around wholesaling to create revenue to invest in rental properties (BRRRR strategy) in positive cash flow and/or growth markets.

You don't need to create a new LLC.

Think how much net worth you could have created by purchasing 5, 12, 20, 30, 40, 50 years ago. 

There are individual characteristics such as knowledge of the each strategy, knowledge of market, determination, ability to find deals, create teams, personal finances and ability to obtain loans and fund deals.

If you are buying all cash then I would consider how many homes do you have and what kind of a hit can you sustain.

If you try it, you will very likely create a different type of problem....gunk up your floor.

Buying rentals can be a great way to create income and wealth.

320-acre development set to take off by airport "The city of College Park is launching a $500 million-plus mixed-use development on 320 acres, with potential to create thousands of jobs and representing a major step in making the region’s “Aerotropolis” vision of concentrated development around Hartsfield-Jackson Atlanta International Airport a reality.The development site is on the north side of Camp Creek Parkway, west of Interstate 85 and Hartsfield-Jackson and across from the Georgia International Convention Center.

I'm really unsure if I should be opening a new bank account for rent/maintenance, if I should be creating an LLC or just use my current bank account.