Kind of a pain and also both less transparent and less efficient than before, but not drastically different. 

It's also common for the "cash only" advertisements to come from brokers or sellers who are misinformed.

Its just kind of the nature of the beast and investing were over 50% of all homes are rentals its a different lifestyle than what we are used to at least on the west coast were maybe 10% of SFR's are rentals  renters rent apartments.

The new pref equity is given priority to the original pref and/or common equity.

And or some kind of fee from the investor as well?

It helped me with kind of a 30,000 foot overview of investing.

Kind of like a value add house hack

While I haven’t invested in Cleveland or Toledo myself, I’ve heard both cities offer interesting opportunities for new investors due to their affordability and rental demand.When deciding between the two, have you considered what kind of tenant base you’d like to attract and how the job markets or local amenities in each city might support that?

Your neighbor s as Sean mentioned, have a lower tax bill likely due to the fact that they live there and there are laws that prohibit the tax assessor from raising the property values more than 3% per year when it's your primary residence okay, it's also fairly common for your tax bill to significantly increase in the tax year after you purchase it.

If they are on the deed, the property is owned as 'tenants in common'.Is there a tenants in common agreement?