we are just starting out and we are wondering if we should set up an LLC or get any insurance before wholesaling a property.

What your goals are with BiggerPockets - To JV with wholesalers.

do you have a team set up to rehab, lease, and manage it if you purchase it? 

We have set the minimum stay requirement on Price Labs to 2 nights, and it is correctly reflected on Hospitable.

You can also replace the temporary construction posts with permanent support, but you will have to cut the floor at least 24x24 and pour a concrete footing before setting a new post on top. 

Exploring creative financing options like portfolio loans leveraging combined property income, hard money loans based on property equity, private money lending from investors, or negotiating seller financing for new property acquisitions could offer viable alternatives to support your investment goals.

It will be beneficial to achieving your goals.

Hey @Frank Apap - owning any rental property comes with its own set of tax advantages but I would recommend doing more research if I'm in your shoes. 

What I love most about it is that you can tailor it to your financial goals.

Additionally, consider the long-term prospects and market demand in your area to ensure the investment aligns with your financial goals and risk tolerance.