Even if you manage to be the first person in history to maintain the corporate veil of a tiny corporation.

If there's a fire in one of your properties and a tenant is hurt, they can sue your LLC but so long as you haven't done anything personally to pierce the corporate shield, it's much more difficult for them to sue you personally. 

A plaintiff may always attempt to pierce the corporate veil by holding you personally responsible by theories as negligence or gross negligence.

Its not advisable to hold real property in corporations, and S Corp are more corporate-like.Just stay with the default partnership and deal with the 1065 and K-1.More importantly, discuss with a qualified professional or two.

Hello,I have an investment property available for rent. Someone reached out on Zillow offering to lease it for a few years, guaranteeing rent payments. They plan to sublease to professionals like traveling nurses (2-5...

Engelo Rumora, you can get up to 8% with Corporate Bonds and 12% with Covered Call ETF's. 

I'm trying to determine if the solution is to make Operator an (s) corp or if that still unequally benefits the single owner because I'll have to pay myself an acceptable wage. 

Their corporate office is pretty close to you, and they specialize in offering and managing investment properties in several markets across the US.

I dont suspect any intentional foul play here, apparently he is a doctor and most likely is in control of the corporation but I need to make sure they arent trying to execute a prohibited transaction.  

A lot of landlords are advised to put their properties in the name of an LLC for asset protection.While this is basically true, the reality isn’t what most landlords think.If a legal issue occurs with your property resulting in a lawsuit, there’s a decent chance the plaintiff’s attorney will be successful in “piercing the corporate veil” of your LLC if you were sloppy and being able to sue you directly.