Acquire knowledge of the distinct neighborhood atmosphere, community facilities, and other specific details that play a crucial role in setting the ideal rent for a property.

And one I distinctly remember to this day was a lady who said she paid the man in the Green truck  LOL. 

One important distinction I determined was between the investment in the funds vs the investment in the property.

Evidently Bigger Pockets has given me the distinction of being one of the top recent BRRRR contributors which I find ironic as I am generally posting about flawed logic many BRRRR investors use in vetting investment opportunities.

@Daniel Ulie you have a distinct advantage from your flipping background, you are familiar with the work and expense involved in repositioning a property.

So I'm not sure what distinction he's making.

But contrary to what many on BP would tell you, I personally don't think this is a crushing fee when you think about it providing you with a clean and narrow registration of the LLC in CA and thus, by extension, availing the manager of the LLC (presumably you) to the laws and protections of CA state law.3)  A quick distinction between the LLC v.

She's contacted realtors and went to many homes and apartments to rent, but they either were scented with sprays, just painted/cleaned, or had new building materials installed.I know this is a longshot, but if you know anyone in the Philly area  who might have property (or rooms to rent) where the owner is environmentally conscious, please let me know.

This distinction matters.For tax purposes, there's a concept of active participation.

Not sure if it still holds that distinction.