From a pure/immediate tax savings, its just that SE tax above your "reasonable salary" that its saving you. 

While life insurances are not an investment per se, they are very useful and safe retirement vehicle.

@Kevin PoliteIt's a tax CPA/EA matter, although there are a few tax attorneys out there who are savvy and could do it.Generally speaking yes, one of the S Corp's primary hallmarks is the ability to reduce SE taxes.There is a level at which S Corps make sense, and a level at which they don't. 

I am looking to purchase an STR property in Delray Beach/SE Florida - please PM me if you know an excellent STR property manager/realtor in the area.

Whereas the S Corp does allow you to split your business income into a salary and a distribution, which reduces your overall tax bill (the distribution portion is not subject to SE tax, only the salary portion is).

I'm looking to establish a relationship with a few hard money lenders based in the SE Michigan market.

With an S corp you can take a reasonable salary and doing so allows you to not pay the 15.3% SE tax on the remainder of your income- The trust won't have this option. 

If you are flipping houses, you may want to consider opening up an S-Corp to save on SE Taxes.

As far as I know there has never been a sink hole in SE, SW, NE or NW Fl.

My wife and are both originally from SE Texas and know those areas well.