@Tom CamardaCheck with the Texas Secretary of State office regarding registering a foreign business in the state. 

When I ask what the rental market is like for that area, they look at me like I'm speaking a foreign language...probably because I am.

Would the tax returns work as:There would be 1 return for the prop mgmt seriesThere would be 1 return for the "flip" seriesThere would be 1 return for the parent llc which contains individual property series and P/L get moved into my personal tax returnAll of this is foreign to me as I am just starting out, so would love some advice or books that can help.I live Chicago's west suburbs (lombard).

You can incorporate your LLC in the State of Indiana or registering it as a foreign LLC doing business in good standing in the State of Indiana if your LLC is already incorporated in another state.I'm about to have this done with an attorney here on bigger pockets.

@Matt Daley, I won't comment on the tax question although I don't believe you have to pay income tax in the foreign state.

One of my clients most of his visits are people looking to visit family in the area but close enough for a disney trip, day trips to the beach which is 15-20 mins away, once the school is back up at full capacity FIT has a lot of foreign students who have friends and family visiting, the sports center in viera has very big baseball and soft ball tournaments multiple times a year before the pandemic but i think they have some things this on the schedule this summer. 

Two choices, form an entity in each of those states or file in each of those states as a foreign corporation (entity) otherwise, your entity will likely be disregarded.As to hiding out and hiding your identity, all you're doing is delaying the process, if you are sued, the attorney simply asks the court to have owners identified if there is some convoluted set up, which the court orders and that may tick off a judge.

Here was an interesting article on Series LLC's and asset protection I found: https://www.corporatedirect.com/c-corps-s-corps/series-llcs-where-angels-fear-to-tread/I'm also looking at investing out of state, which means I either need an LLC (or multiples) in each state I plan to invest, or I can form in Utah and register with a foreign qualification in another state (or something like that).

First off, this is not about hiding assets or evading US (or foreign) income taxes.

. - Most of these investors by nature of the program are foreigners and therefore raising the money in the states is difficult unless you find someone who has the experience (again another fee you have to pay).