New Investor with Questions

[Jason Baker]

Greetings! My wife & I are new investors in South Florida, Martin County, we've been attending some local REI meetups here in our area & enjoying meeting many good people. We want to get in the game but want to do it right to avoid costly mistakes. My first question is which type of corporation should I form? We plan on buy & hold, wholesaling, and fix & flip. I am being gifted a rental house in California from my mother to help us on our new endeavor. The house is paid for, has the main house, 2/1, in front with a mother-in-law unit, 1/1, in back so two separate rentals that generate income. I want to hold this property as it brings in around $1300 monthly before any expenses. What is the best way to transfer ownership with the least amount of pain for my mom and for us as well. I believe this is a good opportunity to launch our careers investing so I don't want to mess it up. Should I form a land trust? LLC? What is the best and most advantageous path here? Thank you in advance for your time.