Business Entity formation?

[Janyl Ventura]

Hi all,

I'm working with 2 others to start buying properties to hold and rent out. I'm aware that having properties under an LLC is a smart move for liability protection, I'm just not sure which business entity formation would be best for 3 people involved. I'm reading a ton about LP, Corporations, LLC's, then S/C Corporations, REIT etc. but still confused on which to file under.

Any lawyers of CPAs have solid advice for different scenarios where one business entity formation works over the others? 

Thanks!