Propane Distribution Plumbing

I am planning to have a 40lb propane tank mounted on the tongue of my trailer and I would like to distribute the propane to a couple of points on the trailer at the rear. On one side I will have a fold down that will have a propane burner built in, and on the other side, I would like a connection point for a future hot water heater. I will be using black iron pipe to run propane from the front to the galley, at which point I will split the feed to the two locations.
So my question is if the two appliances have different pressure requirements I will need a dedicated pressure regulator at each appliance. Is it ok to run the distribution plumbing right off the tank with no regulator in between? Or should I put the regulators at a tank manifold and run separate lines from front to back for each appliance?
Thanks
So my question is if the two appliances have different pressure requirements I will need a dedicated pressure regulator at each appliance. Is it ok to run the distribution plumbing right off the tank with no regulator in between? Or should I put the regulators at a tank manifold and run separate lines from front to back for each appliance?
Thanks