The distinction to make is that mentors are there to give you guiding principles that they have used but they are not your coach.

, any new distinct paint jobs on an otherwise older room (may be hiding water damage), is there a smell in any of the rooms that could indicate mold? 

I’m assuming most investors won’t maintain this distinction and will instead commingle personal and business funds or misuse business assets as personal assets, rendering the LLC useless.

You refer to "my broker" and "the broker" throughout your posts without much distinction.

There is a distinct area of our city the has a greater number of house fires and interestingly the police department crime map overlay indicating high crime rates is almost identical.

I believe that the distinction lies in that it's a short sale, and that the negotiator is convincing the lender to forgive debt, and the lower price can result in a bigger deficiency or tax liability for the seller as well.

There are 11 distinct income streams in a profitable management business.  

They're selling their position in the contract, not the property itself.Kind of a fine distinction, I grant you - it seems to escape a lot of folks.Even here in Illinois, most REIA folks think of an "A -> B -> C" flip without the "B" party adding any value when they think "wholesale"."

It is an important distinction, though, if you are living off of passive income or not generating enough earned income.

However there is a distinction if the capital losses came from the sale of real estate vs. other property.