DSTs are similar to limited partnerships with a key distinction that they allow individual investors to do a 1031 exchange into a DST, which is not possible with traditional partnership structures.  

But I distinctly remember eating there.  

I do wonder whether you might want to set up two distinct entities, one for properties in MD, the other for those in NJ.Good luck!

This is an important distinction.

The owner originally had purchased two side by side properties that were deeded separate and had their own distinct addresses.

Hi Richard,If you want to be in the Agency 30YF competitive fixed rate world, it would have to be two distinct mortgages. 

Very rarely does the market have rigid and distinct beginnings and endings.  

They seem to be separate and distinct sales.

I'm guessing there is not a distinction in the law in which case you could not charge a fee.  

Up here (Canada) amortization and mortgage terms are distinct items: most residential mortgages carry an amortization of 25yrs, but mortgage terms range from 0.5 to 10-years with 5-years being the "norm".