C-corp /share issuance questions /asset protection

[Vikki Waln]

We just created a C corp for the purpose of wholesaling, and I'm a bit confused about the issuance of shares. Upon creation we authorized 100 shares at no par value. We figured (soon) we would determine a value and make a resolution to our book. We need to at least capitalize $500 to fund and open our bank acct. So, here are the questions:
1) Do we need to issue 100% of those 100 shares amongst the founding members? Or can we hold some unissued?
2)If we do hold some unissued, do we have to put a value for all 100 shares, or can we value only the shares issued?
3) Should our incorporator remain a non-shareholder for privacy or asset protection issues? And does the incorporator taking an officer post blow the whole privacy/a/p purpose?
4)And since this is a business only for wholesaling ( we will LLC to hold properties later) is there any benefit to staying as a C designation, or should we just go S corp?
We've gotten split advice from the attorney/cpa's we've asked. The first was a 'real estate' attny/cpa, and he said S-corp, but he didn't seem to even know what wholesaling was. The other is a rei and attny, but not cpa, who said c-corp.
I want to know from actual investors what benefits you guys are gaining on your wholesale side , S-corp vs. C corp.