Real Estate Investment Trust Formation Structure

[Benjamin J Thompson]

I am looking into setting up a Real Estate Investment Trust for a small group of investors. Our strategy is to purchase multi-unit properties and hold long-term for rental income. I'm am contemplating the ideal legal structure for the formation of the company. Is there a specific/ideal template that is the most advantageous in consideration of tax advantages, etc.? I've seen videos that would put everything under an S. Corp, that creates LLC's for each entity (property) separately, that also puts everything under a Trust/Umbrella of sorts. I realize this is a complex topic, any subject matter on the topic would be greatly appreciated.