That is where you tend to lose you shirt on value with a downturn those areas are the first to get hit hard and the corporations with rising wage costs can pull out.

Although I am a practicing attorney, I do not practice real estate or corporate law.

.- The series LLC is a newer form of entity (it has only been around since the 1990s and was enacted in Illinois in 2006), so there is not as much legal precedent as you would find with a traditional LLC or corporation.

Now I am changing to an S corporation since I am adding my wife as a co owner and paying my parents for managing rehabs. my accountant advised that an S corp will be the best for this kind of arrangement to minimize taxes and pay my parents a W2 salary.

Can I have the down payment from the IRS account and set up a S corporation to borrow the remaining purchase price?

All of the storage facilities I see popping up are locations from large corporations....Also given our current real estate appreciation it seems you may be missing out on some of this potential growth with a MF.  

, and some mostly serve corporations, some mostly REI, some W2 people, et cetera. 

Sounds correct, ask about a sole proprietorship with a registered name forming your company, it shouldn't have to be an LLC or an S or C Corp or a Limited Partnership, but you need a business entity. :) 

Hello, my wife and I are corporate slaves, planning our escape.

A few questions after researching the sources you listed.1) It seems some of the bases (if not all) have teamed up wirh major corporations to offer housing options....Picerne, Balfour Beatty, etc.