And I'm assuming it says that each tenant is joint and several liable. 

Where you invest depends on your ability to do a market analysis. 

Whether it’s for fix-and-flips, rentals, or other projects, I’d love to learn more about who you’ve worked with and what your experience has been like.Do you have any solid connections or recommendations for private lenders who use their own capital?

If it is let me know and ill repost correctly. 

Plus what’s the upside to not changing it Day 1?

Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another  Scaling without investors can be tough, especially in multifamily.

CA really cleaned up the fractional note business from my days of doing it in the 80s..

Thanks for doing this. 

I have a 2-person unit with a glass top dining table and it has worked well.

I like it, so much I'm doing almost exactly that with a partner.