I would only do it where the regulations are well defined.

Im a new comer that want to learn and understand all aspects of real estate.

When lenders use the term "Rural" it can be very frustrating for a borrower because the term is rarely clearly defined.

Some of the best ones I know started as flippers or also flip themselves and/or have rentals so they understand the risks to buyers and all the aspects that go into it and aren't just locking up deals and renegotiating sellers. 

I don't find too much value on this aspect, the valuation models are all the same, and your data wouldn't be differentiated.

Tenants in Common (TIC): If forming an entity isn’t preferred, you can hold the properties as Tenants in Common (TIC), where each of you has a defined percentage of ownership on the title.

But you need to take the emotional aspect out of it otherwise you'll get eaten alive in the long run.

Hello All, Here to learn and grow in every aspect of real estate investing!

It is usually the people who the landlords delegate them to.Legal aspect is a good feature, but no one will rely solely on that.

I would not put any energy into this aspect. the only other way to get one is to take title subject to a 30 year note that can happen as well.