You would think that with all that income, they would let you use the product for commercial use.

These loan products include a partial release feature that allows them to be repaid gradually as TIC interests are sold, and ensure that the sold TIC units are not encumbered by a blanket encumbrance.- The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.

Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.

My tenant never responded to the notice and won't respond to me at all so I have no idea what will happen.

Don’t forget practical items like toiletries, a cozy blanket, and a handwritten welcome note.To balance cost and quality, consider buying in bulk or looking for local products that offer great value.

@Jill Young I may have a product that can work for you depending on the property specifics. 

And almost 50% of participants for any loan type product. 

A "taxable brokerage" account is like your checking or savings, but it's open to nearly all of the investment products. 

In my case I began a “serious” real estate education and experience in 1979 ; by mid 1981 I was able to successfully conclude what for me, at the time, was my first “major” purchase.

Not sure if that is still legal or even translates in today's world of everything online but seemed like a good screening tool to me at the time.