I am not an attorney, so this is not legal advice, but it is my understanding that it is advisable for you to register in every state that you invest in.Also, be sure to register in our dear Golden State.  

That's some good advise. 

In response to your reply: I've talked to a few investors and listened to and read a bunch on BP and most of that advise was to get my finances in place before anything else.

Any information, when you have none or a limited supply will be helpful for sure but I advise to be careful not to group all loans and purchases into a cookie cutter template.  

Any advise guys?

My name is Lou and I am from the small  community of Lone Oak , Kentucky.  My real estate ambition , since I am entirely new to the industry,is to start from the ground up and learn investing basics .  Then, with a go...

If you're self managing then I'd advise trying this first.  

Further more, you can go through our forums https://www.biggerpockets.com/forums and you can find some helpful advises there or can post your queries there so potential members can answer to you.

You may hire a lawyer, and/or a CPA, and/or a tax consultant to advise you on which is the best way to go.Another thing for you to consider is to figure out who will provide your financing with.  

Although I've read that even if your Florida LLCs are owned by a Wyoming LLC, the Florida courts will still apply Florida law because all of your business is conducted in Florida - not sure if that's true or not.Some attorneys are advising single-member LLCs to find a 5% member to add in order to make it a multi-member LLC.