My fiancé and I don't have kids so schools don't mean much to us.

A finished basement where kids can hang out or man-cave or a million other uses can add, in my market, ~$200-300/unit.

Having three kids :-)

There are pros and cons to each, don't just assume assume which is better for you.......as Ned mentioned, learn the differences first.While Articles and an operating agreement can be amended, it can be more expensive backing up and heading off in another direction or correcting aspects that should or could have been accomplished from day one, with more thought as to  what the future may hold.You're giving birth to an alter ego, unlike kids, we can form the LLC to adapt and grow in as we want them to, it's the planning I'd say most miss.

It is hard for me to take extended time off, but I can generally take a day to go fishing when I want, volunteer at school, make it to all the kid's sporting events, etc.3) Another strong point.

Donna & I are in our mid 70's and need to earn more for living & leaving a legacy for the kids.

I think that is for 6 or less kids.

(Using pictures of their kids - "obviously trustworthy" - and the guarantees - "nothing to lose.")

I just have these dreams of me fishing a couple times a week this summer and poking around on a lake with the kids.  

Do NOT kid yourself about what it’s going to cost to rehab a house.