And it should be common sense.

This is a common problem for other places besides California.Most of my clients are out-of-state investors-California being one of the most common places for investors I work with.I would say, in general, it is very similar to in-state investing in that your investment is as good as the team you use.

Please note that contrary to common belief a lender can NOT prohibit a transfer, they could only declare such transfer a item that allows them to accelerate the note.Up until now, very few notes have been “called” due when title has transferred.  

If they are on the deed, the property is owned as 'tenants in common'.Is there a tenants in common agreement?

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I'll throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).

A common bit of advice seen on this site is, "Don't spend $20K on a mentoring program when you could spend that money on your first deal and you'll learn much more."

A mortgage lien being the most common one.

For example the license should not only have a cost but also require at least some compliance training targeting some of the most common issues/complaints.

More common is you move into bigger, more expensive homes that you buy, or perhaps downsize into a home without a mortgage.