Austin,
Congratulations on becoming awake and aware. That's the first step toward becoming independent.
The best recommendation I can give you regarding accounting / tax / legal formation advice is to talk to your chosen attorney first. They will visit with you about what might happen. Then, talk with an accounting professional who really understands real estate investing and has several clients who are investors. They will provide you with advice on things that will happen - frequently; namely, paying taxes.
I highly recommend Jacenda Anderson (817) 885-9189. She has many investors as her clients, does a great job of keeping up with tax changes, and is highly affordable.
As for corporate entity choice and formation, it's my understanding you should chose that based on what you are going to do. that said, it's rare I see someone here who ends up needing more than a simple single member LLC. Milt Colegrove can help you set those up quickly and easily.
Let me know if there's anything else you need.
_Greg
Greg Wilson
The REI Mentor