Your intention would be from the communication that you had when you bought the property, or your communication with your contractor, or documented in your overall business plan or LLC operating agreements and stuff. 

For instance, a 5 cap simply means that if you purchase an apartment building with no financing involved at all, the building will produce a 5% return after your operating expenses.

(Even discussing a home for sale that you don't already own is a license-required activity in MA)Remember that we operate on 100% commission. 

I deal with this issue by creating an operating agreement under which the LLC can function.

How does everyone have their Operating funds held?

I just finished my first full year operating, and I did well, I have more money in the bank than ever before but I also look like I made a lot less. 

utm_source=newsletterYou can find a glossary of some acronyms here: https://www.biggerpockets.com/rei/real-estate-abbreviations/You might also want to read: The Ultimate Beginner’s Guide - https://assets2.biggerpockets.com/uploads/user_file/file_object/329/UBG_2018.pdf...actually the entire section: https://www.biggerpockets.com/guidesBP has a whole section dedicated to education and starting up - https://www.biggerpockets.com/intro-to-rei/overviewGet busy with the entire Education section on BP:https://www.biggerpockets.com/hubs/property-typeshttps://www.biggerpockets.com/hubs/financehttps://www.biggerpockets.com/hubs/strategyhttps://www.biggerpockets.com/hubs/finding-deals/analyze-dealshttps://www.biggerpockets.com/hubs/property-management (including TENANTS MAINTENANCE)https://www.biggerpockets.com/hubs/business-operations (and the sub section on REAL ESTATE MARKETING TOOLS & TECHNOLOGY TAXES & ACCOUNTING LEGAL TEAM)One way or another you will pay your "real estate tuition" - either in time, effort or money.

I know that market backwards and forwards, because I operate there.  

If it's a commercial property the property value is determined by it's Net Operating Income (NOI) and Cap Rate.

They do not operate separately and do not act separately because funds cross back and forth constantly and continually with no formal arrangement.