Some give a remedy to sue only and some let you do both related to varying contingencies that were broken.In residential there is more regulation on what provisions are allowed or not versus commercial where you can see almost anything structured.I think there needs to be a distinction between UPGRADES and REPAIRS.

This distinction is important on a deal like this, because you will need to spend your own money to fix the place up.  

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. 

Is it considered a distinct entity or part of metro Peoria?

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.

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!)

As they began to develop the company and carve their niche in the big world of real estate, they quickly realized that there was a distinct need for certain real estate services they originally did not foresee.