Like the idea of incorporating things we learn from reading.

Have an attorney draft your articles of incorporation and operating agreement.

@Nate Monson everything you said isn't incorrect - but when I"m running numbers I make sure I have everything incorporated into my spreadsheet, I want the absolutely worst case numbers possible.

More common when raising money.GP, either incorporated or unincorporated are generally frowned upon. 

If your company is not incorporated and you are sued, your personal assets may be at risk.

If the San Fernando Valley was incorporated as a city, it would be the second largest city in California (behind only LA) and the fifth largest city in the United States!

You will need to pull title and incorporate the payoff to the taxes into your transaction; think of the tax lien like you would the mortgage on the property, it is an encumbrance that has to be paid in order to convey the property with clear title. 

My property is located in an incorporated area as my folio # begins with "01".

I could be wrong, and you should consult an SBA loan specialist, but I believe its only for incorporated entities.

It doesn't take long, just enter your info and submit copies of your articles of incorporation and operating agreements if necessary.