I feel like we keep doing this... you're presenting like 10 different scenarios in the same breath, and then missing the distinction between each one... and then thinking you're catching me in some gotcha when you're actually just missing the point I'm making.When comparing two payoff strategies that end on the same date, you compare the savings side by side, over the life of those loans, not the full 360 months.As for the rest about Hondas and whatnot, I have no idea what point you're making.

I want to scope it out and didn’t come across the distinction in my first reading of the law. 

If we have 2 distinct lists, we are trying to alternate them so every 2 weeks we have mail hitting.

Illinois law recognizes the distinction between the assignment of a right and the delegation of a duty and recognizes that an assignment can involve merely the transfer of a right.

A recent discussion with the state's lead investigator and head attorney made that distinction VERY clear.

For example, see this from 1979: http://digitalcommons.law.scu.edu/cgi/viewcontent....I think the distinction between an "individually negotiated loan" and an FHA loan is rather stupid.

Is there a distinct advantage of becoming an agent investor vs an investor only?

The distinction is very important as different activities involving real estate should not be confused or lumped together by the public, or the participants.  

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.