That makes a lot of sense for the different types of distinctions and figuring out how to talk to each. 

That said, I don't see the designation distinction to be all that important.

When people have mentioned that in this thread they failed to make the distinction that the appraisal only "sticks" if the new buyer is getting an FHA loan also. 

You can't lump property managers into a single category without understanding this distinction. 

The key distinction between a second home and an investment property is the intent of the buyer to occupy the property.

Both are good cash flow markets but at a higher macro,level, I think Kansas City has a distinct advantage.

I think the little extra that you designed for what looks like the dining area made the property distinctive and was probably a great return on investment.

The distinction between tax tool vs tactic vs and strategy is too often blurred! 

Seller returns it a few days later with some mark ups, we go back and forth this way a few times, and when everyone's happy and the LOI executed, the attorneys draft the contract and hash out the details before, during, and after DD.The distinction is that an offer/LOI, if accepted, usually (check your local jurisdiction) only binds the parties to begin or continue negotiating in good faith, nothing more.

Hey guys --It seems that some people are having trouble making a distinction between our PRO and PRO Basic accounts, and I believe that if we make a more clear distinction between the names, we can clarify any confusion.Right now, if we talk about benefits of PRO, our PRO Basic users think we're talking about them -- even when we're not.