In the long run, the rescue artist makes off with the remaining equity that was still left in the home.11. https://www.patrickburnslaw.com/articles/defining-predatory-lending-and-equity-stripping-in-minnesota/Defining Predatory Lending and Equity Stripping in Minnesota12.

The first consists of the general exemption, which means the sponsor just complies with the definition as defined by the SEC.  

It is defined in terms of actions which would not be acceptable to any fair and honest man, or conduct which is monstrously harsh and shocking to the conscience.

Most places define short term as less than 30 days.

The lease agreement could include a clause stating that any excessive utility consumption would be brought to the tenant's attention, and define what is considered "excessive" somehow. 

You also will want to stick to on market properties at first because the purchase process and evaluation process (namely title and inspections) will be more defined.

First, define your goals know your target cash flow, ideal property type, and budget.

Not to mention, they probably won't want to admit it if a building they manage is in really bad condition.If you're serious about buying you should first talk to fellow investors and define your buy box.

How does one define design choices, etc?

Unless I'm mistaken, the contract between owner/landlord and PadSplit doesn't have a defined monthly rent but a target/goal of monthly income (so it's hard to use that as lease).