Every business faces a critical decision-making period when deciding whether to accept or go ahead with a business deal.

You can register your Wyoming LLC as a foreign entity qualified to do business in Alabama.

Depending how much you earn you can step up those savings by getting a side-hustle.

Or even STR is also a business. 

Just North of Spring Hill in Holiday or in Crystal River you can get a better bang for your buck but it all depends on your comfort level.I am over in Pinellas County by Madeira Beach/Treasure Island and 4 units over here are about the same $650K to $800K depending on year built and closer to the beaches.

I just wanted to know if it’s necessary to start a LLC before my first deal and have a good business structure ?

Moving further north to house hack is out of the question because our businesses are located here. 

A move-in ready place with one side already rented is a great way to jump in, especially when busy with your career.

If you're purchasing a new primary you can tap an FHA loan for 1-4 units with 3.5% down, if you can secure a seller concession it could limit the amount of equity needed..if not a new multi family primary you'll need a larger downpayment (15-25%) depending on the property type and occupancy.

What is your business model?