What I would create is such an enterprise with pooled investors -- I might just do that. 

Lori is the VP of the Enterprise branch.

There are going to be some enterprising attorney's making a LOT of money (especially in Texas with its very strong homestead protections) making a lot of money off the Pace Morby/guru boom in a few years. 

A colleague named his business after the first home he purchased with just the street number and name (e.g. 123 juniper enterprises, LLC). 

Vetting is a different issue...unless you are dealing with a national chain or a known, substantial enterprise, you should require a personal guarantee from an officer or manager of the company.

While I hate to blame the victim, but at the end of the day the tenant is choosing to participate in this business tactic, It's voluntary and a part of the free market enterprise so enjoy your business strategy to make a little extra money.      

The good part of vertical integration is we have enterprise-grade software and data with dashboards and graphs and all the bells and whistles to see problem areas at-a-glance at any time, in real time.5.

To further quote Howey, “The test is whether the scheme involves an investment of money in a common enterprise with profits to come solely from the efforts of others."

This deal crushes the 2% rule, as each unit would pull in 4.3% of its value monthly.This is taking into account a 8.5% property management rate for the whole enterprise (roughly $100k a year, I assume you would hire two people to be full-time managers).

If you're say commercial as in a 6 unit apt building it's pretty much the same.If you're talking about commercial as in offices, retail or other business enterprises, it's the same thing, as you need to understand the issues and risks of the business renting.If you have no no business expierence, you don't know the difference between a retail operations and the risks of various businesses, you can not assess the ability of your tenant to pay the lease.