I had a career in corporate sales and not everyone can do that.  

I graduated with a 4.0 in high school but was not interested in pursuing college and finding a job in corporate America.

hey BiggerPockets community, I'm just getting started in real estate and following popular belief, I was under the assumption that for tax and liability benefits the first step was to get some corporate entity set up to conduct business.

Check with your lawyer, if you are running a single member LLC you may not get the legal protections (corporate veil) that you normally would with a multi-member LLC.

Having a good management company in place is essential for larger properties, especially when your property is not in your own back yard -- or even if it is.A few weeks ago, at one of our properties, the onsite manager became overwhelmed by the task of managing and marketing the property resigned, followed shortly by the leasing agent.Fortunately, we have a management company that was able to send several people from the corporate office right away, to fill the gap while they hire replacements.If we tried to self-manage the property, how could we possibly deal with this situation?  

However, their corporate addendums state that the buy is to pay the transfer tax.

So as I see it, white letters are intended to give a more "corporate" and professional impression which attracts certain potential sellers whereas yellow letters give a more personal touch that may hit other types of sellers.

You need to first review state law as to corporations (LLCs are under corporate entities) and use those as your beginning point in forming your agreements, by beginning point I mean the general outline as to anything must be accomplished.

When I was fired from my corporate job (an act of mercy on their part) I took my loving oart gift (my TV game show term for severance pay) and used to it carry me through my first winter as a full-time real estate investor.Much like @Jay Hinrichs I've been in situations (now many) where the more experienced people hesitated when the opportunity presented itself.

She has me set up with Freedom Mortgage Corporation.