, 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 know Warren and there are two distinct environments. 

However a real distinct disadvantage to that is, if you ever sell your company, someone may look at the name and then think you are that brand, and may not pay as much for the company as if it had some random name.The other thing that you can always do as well, is have a partial company name that is easy to convert across multiple sectors. 

It is important to make this distinction because the two businesses are different animals and have to be evaluated differently.

Coming to the realization that PM software is distinct from Accounting software, although each has some overlap. 

This is genuine to me because I actually do manage a number of distinct funds (but even just one fund qualifies!)

I know that some will caution a newbie about getting into a heavy rehab project on their first one, but if your family is in the contractor biz, then you have a distinct advantage over other rookies.

Local investors place offers a lot and since they know the market and here they have a distinct advantage over an out of state investor.

It has a distinct smell around that area sometimes other then that it is your typical community with good and bad areas.

These all have distinct tax advantages and disadvantages.I would suggest doing some research on the comparative differences between the corporate forms to get a general idea of the merits of each as well as the potential problems.