Entity Structure Advice

[Gagandeep Singh U]

Hello Fellow Investors, 

I’m ready to start exploring property flipping and am looking forward to partnering on joint ventures (JVs) in the near future. I’ve already identified a potential partner and am excited about taking on my first rehab project.

I currently have a full-time W-2 job, which I plan to continue while gaining more experience and understanding of the rehabbing process. One of my key questions is around the best entity structure to operate under from a legal protection standpoint.
Should I form an LLC in my own name and create separate LLCs for each JV, or operate everything under a single LLC with JV agreements in place? I'd appreciate insight into the pros and cons of these approaches.

I’d also welcome the opportunity to connect with anyone who has experience in similar setups and would greatly value your advice.

Thanks!
Gavin