In exchange, I'm thinking that she would collect all the cash flow and potential equity until I refinance and get the loan originated in my name...

There appear to be some new startups offering to pay up to 50% of the down payment on a house in exchange for around 35% stake in the house (they collect this upon sale).

Agreed but if they sell a property, that’s less fees they’ll collect every year and you’d want to sell the worst property which would be a significant hit.

That's enough cash to float the mortgage for 4 years without ever collecting a dime in rent.Yes, there is a growing trend that sub2 is a way to get into real estate with no money. 

Is a PM allowed to share the tenants application including credit reports and other info that is collected during the application process?

The average tenant is very difficult to collect from depending on your state's laws.

Depending upon your credit and the asset location, you can get to 90% of the purchase price + 100% of the rehab costs, so long as that collective amount does not exceed 75% of the ARV.

I was wondering what is the best way to collect rent going forward.

Basically I have virtually 100% rate of collecting every dollar tenants have owed.Good luck

@John K.again - the point of a house hack isn't to cash flow.say you can rent for $2000, or you can house hack, and when you house hack, your mortgage is $5000, but you collect $3100 in rent.you still house hack.