Forming a beginning LLC for realestate

[Spencer Willoughby]

Hello into the void, my friends and I are interested in pooling together our money and starting a business. Our intention is to pool around $10k into an LLC and begin in investing aggressively in securities for the next year so that by next summer we may have enough money for a down payment on a piece of realestate that we hope to rent out and reinvest into the company. All three of us are 18 and going into college next fall, so this will have to be in the background of our time at college while we are studying. Any comments and tips would be very appreciated, or even rip us apart with what you know if you think this is a bad idea.

Thanks!

Spencer W.