My thought is that I would form an S-corporation as the main entity and then register an LLC for each property (all owned by the S-corporation) to keep liabilities separated. 

This comes up nearly daily on BP where people are doing actions which in my layman’s opinion is jeopardizing their corporate veil.

Do I just have to wait till I can save more and restructure how I pay myself to show more W2 income as opposed to using the tax advantages of my corporation?

If you want to keep your other assets protected, you'll need to have your bookkeeping and operations in such a way that prevents a good lawyer from piercing the "corporate veil" and claiming that it's all the same, you.

Before going with this lender, I called about corporate loans and the rates and cash out amount were not what I wanted so I kept looking.

‘Tremendous increase’ in corporate relocations, expansions to Texas since pandemic hitGov.'

Spent years in the corporate banking world...did not love that.  

We are transitioning from Airbnb to corporate month-to-month rentals.

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

@Nathan Kartchner The main driving force right now is the strong catering towards the Baby Boomer generation, and the increased demand for these types of properties.