This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.

But it does have a distinct odor & I would assume taste.

The terminology between what is "Private Money" and what is "Hard Money" is very vague and these aren't even really truly distinct different options. 

Operational Discord: Clashing Business ModelsRealtors and wholesalers are two distinct players in the real estate market, each with their own unique approach and business model.

But sub to and creative is a very hard place to start because there isn't a distinct metric in list building that can be sure these people are open to seller finance.

Jason Hartman has pointed out that interest rates were so low before the recent increases, that buying was like going back in time and getting a mortgage in ~2011-2012.so... it still feels like the fragility of the current group of people who already own is a bit overstated.this is the distinction between the market being unaffordable (it's very unaffordable) and unsustainable (maybe it's unsustainable?)

I'm looking for feedback on what distinctions need to be in a lease like this.

Might you consider bifurcating this forum into distinct forums, one for Tax Liens and the other for Mortgage Notes? 

House Hacking can be broken down into three distinct phases: when buying, while living there, and after moving out.

I use separate accounts for rent collection and security deposits (distinct from my personal checking&savings accounts), and they don't have to be under an LLC unless the property is operated under one.