It's the distinction between someone with a real estate business and someone who buys real estate.

If there is a blur in the distinction, that is, if it isn't clear that it's a option, it may be construed as an executory contract.

The syndicators model is to use distinct entities for every transaction so they do not necessarily have to disclose losing transactions.

In general, leases have a local flavor.

They are two distinct skill sets.Property managers focus on customer experience, while asset managers are fiduciaries to the investors. 

Each group has its own vibe and flavor.

So, a distinction that is not really being addressed here, though it has been mentioned several times:  Is this eQRP a good tool for people who have employees and also want a self-directed 401k? 

I am in San Diego, it is not hard to find properties with ADUs sold recently.The easiest way is replacement cost but not the most common - that's an important distinction.

Hey Emmanuel, Determining your ROI isn't about conforming to a standard "norm" because each deal you encounter will possess its own distinct characteristics.

Deals come in many sizes and flavors.