Others disagree, but you can read those debates here and decide for yourself.Pretty much the only difference you'll have from a tax perspective is that in an LLC you may have an additional deductible expense for maintaining the LLC with the Secretary of State, an additional expense to file a tax return and more formalized bookkeeping and corporate governance duties.PS - I am right up the road from you in Arvada.  

If we can do this and have more flexibility to spend time with our children than our corporate jobs allow for, we’ll be happy campers.

I think it is they way corporate has things set up.

Now we're going to have one of our other reps there in the back share with you their experience and story with real estate where they say they love the company, the work, and real estate got them out of corporate life.

If it is a corporation or LLC, it is more often than not an investor who pays cash.

Corporations? 

@Dave Stevens Residential loans are for individuals, Not corporations.

YES - If you own more than 25% of the LLC (they don't count a C Corp or S Corp) then Fannie/Freddie counts it towards your maximum.  

For example a national corporate tenant such as a bank, drug store or fast food chain on an absolute NNN lease.

Single member LLCs are usually treated as disregarded entities (unless you select to be treated as a corporation...normally you don't).