Otherwise you have nothing to cover damages.I make my pet deposit/fee (I didn’t know the distinction) $250 per pet, of which $100 is refundable to give them incentive to monitor their pet.

But as I said, that's me, my "flavor" of things and all that matters is what's yours.

Who knows what flavor of drug or alcohol he was using lol. 

The property is the residential distinction not the borrowing entity.

To of already done so much at 21 is impressive.I spent years trying to figure out how to get into commercial real estate investing and I have discovered at least seven distinct path to get there.

Maybe I misunderstood, actually.I think your point is that if the loan payments are interest only (not fully amortized), then depreciation recapture would be postponed.Actually, I never thought of that distinction----I don't know whether that would affect the outcome or not. 

While these functions are related, they often involve two distinct types of professionals.While we've had a tax filing CPA for decades, we only just this year started getting from a company that helps us track and get reports on our daily transactions.

I distinctly remember one investment manager being very nasty to me about why any fool would invest in real estate anymore at that point.  

I use two very distinct colors of towels, but now have three colors. 

Why the distinction between a Corp, Sub-S and and an LLC, I don't know, but its the rules, so go with the flow?