I prefer to get a Corporate Lease on my car and end the mileage story.

They simple add another clause to the contracts & adjust corporate policy.I would never claim that you "can't" wholesale a bank owned property, because it has been done successfully.  

You guys should really sit down and be completely honest with your concerns and expectations and put those in writing in the form of a corporate resolution or meeting minutes.I have a situation where I agreed to pay my business partner a significant interest rate in addition to having an equity stake.

It is very important to keep the corporate formalities up or they are useless.  

You can either have an LLC taxed as an S corp, OR you can have an S corp, taxes would be the same, but not ownership.  

The good and improving health of corporate America has meant that many larger corporate tenants have stronger balance sheets than ever and after years of belt-tightening, are financially strong and expanding.

If they had a veritable job with an income at a large corporation I would be okay with it. 

I'd actually check out a Nevada Corp as you have a better corporate veil and the taxes should be less.

I currently work as a marketer for a major corporation, but am looking to start my investing journey via wholeselling. 

I have heard that it is best to set up a master corporation for REI in general, and individual LLC's for properties.