It has a very distinctive rotten egg odor.

On the world stage it gives the US market distinction as the place anyone from anywhere can come to do what they want to make as much as they want, contribute to the system along the way, then move on to whatever else it is they decide to do.

And the service is great, but I live in the south, so maybe that's just the local flavor.

Private lenders come in all flavors and many of them have lending requirements similar to banks.

Here's some additional information I found on Tax Info Blog: Let's start with the definitions of terms:Repair: deductible; keeps property in good operating condition; does not materially add to the value of property; does not prolong property's useful lifeImprovement: capitalized (depreciated); adds to the value of property, prolongs its useful life, or adapts it to new uses; an extensive series of remodeling repairs is considered an improvementAs you can see, this makes a fairly fine and legalistic distinction.

Most of this will probably become clear once I get the Demanded/Waived distinction.

Feel free to add distinctions between agents working for investors and typical homeowners as well as between residential and commercial.I'd love to get a big list of these responsibilities to see how they line with what most agents feel is their responsibility.So . .

They are distinct and separate.  

That being said, that's not proven, it's just something I would make a bet on.Here are some positives I would look for:- Local character and flavor, these days walkable cities are very popular.- Young migration- New jobs and industries moving in- Business friendly environment- Near other areas that have grown recently- Good schools, universities, or another story for attraction- Cash-flow, gotta make your numbers in the meantime.

Now we pass around defaulted loans like tic tacs claiming there is a flavor for everyone and risk is well mitigated.