I live in Illinois, looking to start a real estate investing business. Should I start an LLC out of state (Wyoming)? I would be doing business in Illinois/Indiana. Thank you all

What do you wish you knew before buying your first rental property?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $115,500

Cash invested: $120,000

Sale price: $155,000

Manufactured home on land

What made you interest...

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