None of the points we make on here really hinge on that distinction. 

I use white sheets from a particular company, and dark gray towels, so they are distinctive.  

Some have mentioned how REI has 4 distinct ways of generating a return in comparison to only in stocks or specifically trading like you are doing.

I didn't see the distinction you were making as your statement only said "from a tax standpoint, go with the LLC as it will also save you filing costs and save you money."

A local real estate agent should be able to clarify the distinction for you.A transfer from the borrower to a new owner under the "Due On Transfer--Strict" deed of trust creates a default, unless the lender consents to the transfer.

However, I will make a distinction between finding an appreciating area and buying for cash flow.

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.

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

Any distinct features?