Should I have my LLC taxed as an S-Corp?

[David Drew]

I've created an LLC in Broome County, New York. It's time to decide whether to leave it as pass-through taxable or choose to have it taxed as an S-Corp. My plan is to use the entity to hold my buy & hold property. One to start. I'm right now, scaling my portfolio from 1, up to 3 properties. The LLC will hold 1 / 3. Can/Should I receive rent payment from properties NOT held in the LLC, using the LLC? I want to close on two more properties by June 2017. If my aim is to scale the business now and use a cash flow generating model to do so, am I better off filing for the S Corp?

Additionally, as I seek deals to buy more property, is is wise to use the LLC name in my marketing efforts? Any reason not do so? I was thinking that since my LLC is generically named that maybe my marketing efforts would be more successful using a flashier DBA name.