Decatur has 5 distinct areas in order of price points 30030, 30033, 30032, 30035 and 30034.

Marie, initially it was my opinion as well until the business aspect of creating notes was deemed to make a distinction in mortgage origination function that required a license and registration, it isn't the funding side but more to the origination and creation of notes.

They treat the assets as securities rather than real estate, and that’s an important distinction.  

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

I distinctly recall a buyer that I worked with that purchased a vacation rental approved 3BR townhouse and it didn't get any bookings for the first 3-4 months. 

@Joel Wilmoth  agreed.. our little turn key review site were folks can leave comments and reviews gets about 2,000 hits and distinct uses a month.. and many on that site have never heard of BP..

Or perhaps obtain distinct financing for each project, like a renovation loan for the maintenance tasks, an owner-occupied loan for the ADU, and an investment or primary home loan for my daughter's property?

That said, the exemption when located within a ½ mile of a public transit space is a critical distinction that opens up your opportunities. 

There's no distinction between the two that I can find.

You are right, I have intermixed the two distinct differences between REPS and STR loophole and apologies for confusion.