I am wanting do this for both asset protection and tax purposes, but am pretty nervous about the whole lender issue.  

Now the S-corp and LLC are good routes to go with for protection but, with a S-corp can be difficult to form because I taken a accounting class recently and with s-corp are more regulated with striker laws by the IRS. which personal my final verdict goes to LLC because you are a single person in this business if I'm not mistaken which will get the job done with this option.

They will know how to correctly put together an offer that protects your interest and generally, their fee is paid for by the seller at closing.

Vacancy rates will be higher on average if you intend to protect your business interests.

If you do that, just be sure to purchase some umbrella insurance for extra protection.

Realtors obviously have a vested interest in protecting commissions, but they'll eventually be disintermediated just like financial services, insurance, and tons of industries before them.

I may install a laminate over the cork so I can protect the original hardwood and get better sound absorption. 

Earn others' respect and protect your reputation at all costs.Experience: - People say it takes 60 days to close a commercial loan.

Carlos,Just another note, I wouldn't worry about opening the LLC after a year, unless you plan on deeding the property over to the LLC. right now I'm assuming the property is in your name, forming the LLC. will not give you the protection it offers because the house is not owned and deeded by the LLC, It's owned by you personally.

If one of the partners should go through a nasty divorce, so to protect the property from being tired up in litigation; the property will be sold to the other party for half of the tax assessor value minus their half of what’s left on the loan.