The building codes make a distinction between water “service” pipe, which means pipe that delivers water to the house, and water “distribution” pipe, which is the pipe inside a house that runs to the plumbing fixtures.

Are there any general rules / distinctions that would apply here?

Someone that looks at what you are doing with the LLC and your own personal checking account need to be able to see there is a clear distinction between you and your entity.

After doing this for 20 years, I have learned that there's no distinction to the tenet.

I know I personally am a long way from slowing down, and so I note a distinction between doing things that make money for fun, challenge, and experience, vs because of needing to or building a foundation.

Wood Frame Versus Block MythAfter doing this for 20 years, I have learned that there's no distinction to the tenet.

That distinction is not made clear all too often here on BP.

I won’t delve into the pros and cons of working for small and large companies on this post, but I do want to make the distinction that the types or responsibilities you’ll have as an asset manager can vary widely from one organization to another.Currently I oversee over 1MM SF of retail and industrial assets in the Western US.

@Patrick M.Sounds like you have made a good start on your real estate investing career and are ready to rock and roll in 2021.Your thought process about financing is generally correct.I might make a distinction between commercial bank loans and agency loans - agency loans are generally $1M or more and may have a more stringent experience requirement than commercial bank loans.In terms of your balance sheet, what you net worth is - is what your net worth is - so there is not much you can do to change it in the short term.

Just not on their platform.There's a distinct difference.