Even if the tenant's tone is a bit challenging, try to see things from their perspective—they might genuinely believe they're paying more than their fair share without individual meters.

Andrew, From my perspective I would rather just obtain control of the properties and do the rehab without having a partner.

I'd drive around the and find a few multifamily communities that you could see your self living.From a financing perspective, new agency guidelines are allowing for a 5% down conventional loan product on properties less than four units. 

. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structuresLet me know if have questions or want to chat further - I can give you my investor perspective.

From a financial perspective, loading up on insurance is more adventengeous than a LLC because if a claim arises, I'd rather file an insurance claim that give up the equity I built in a lawsuit.

Baltimore gets a bad wrap sometimes, but from an REI perspective it can be great if approached correctly (which it sounds like you are doing!).

However from a buyer's perspective I'd jump all over an opportunity for someone to lend me money sub-5% at this point. 

@Tom Gimer since I know you have a background in law, and Account Closed since I know you have defended a creative transaction of yours in court...To me this discussion of Morby method only sounds ok from the perspective of 'mechanics of a transaction'.

 There are a lot of factors to take into consideration when drastically changing the blueprint, especially from an under writing perspective.

You will meet people from different walks of life that will give you different perspectives on real estate investing.