I spoke with a real estate attorney and asked his opinion, and he recommended an S corporation.  

@Melissa Rivera Not necessarily but lending to a corporation is standard practice.  

This means keeping corporate records, following corporate law, having separate bank accounts, not co-mingingly funds/property, etc.

I'd bet a box of donuts that you'll have a logo for LAZ, SP+ (Standard + Central Parking), etc. on it.  

My name is Abed Asghar and I currently reside in Laguna Beach.I had a job at a large fitness corporation and have always wanted to get into real estate investing.

Our plan was to pay off our loans as fast as we can, start a corporation to mitigate risk and start a joint savings account where we do 50/50 contributions to build up cash to invest. 

You can then send a letter to whatever that address is.Couple things to look out for: (1) type their name in the property appraiser to check if they own multiple properties - if they own 5+ properties it's not worth your time mailing, (2) many vacant or abandoned houses are REOs - make sure you aren't sending mail to banks, corporations, etc.Lastly, if I was doing driving for dollars, I would not mail a yellow letter.

Has anyone every used Midwest Corporate Credit company for their loans?

I know many people who pull the 30% from a line of credit because they do not have the down payments  and then finance the deal via a mortgage through a corporation to hide the fact that they used a LC but again you are now 100% leveraged...You are young and your risk tolerance may be higher then some but I have bought and sold many dealswhen you are playing the "no money down game" it usually never ends well....

Part of being an S corporation (or taxed as one) is that the Shareholders are required to take reasonable wages.