However, I did end up with a few quality tenants from those and the reason they asked those questions are because they have been scanning ads all day or all weekend, browsing through 100s of properties, along the way, writing down on a list of paper the properties they feel are potential fits but the problem is they don't write down all the details most of them just write down contact numbers, addresses and how much rent. 

After I rent the home out, I want to refi what I can out of the home leaving some monthly cashflow and recouping some or all of my initial investment.

I would start the conversation with both parties by asking if they need/want any or all of their capital back in the near future.

I would say, contrary to your post, that there would be a question in most (or all) states if I could advertise and sell the above list even though the items would be owned as personal property.

The short take is that if an investor is not playing banker (self-financing part or all of a transaction), Dodd-Frank does not apply at all.

Could there be goals or milestones for which the profits and/or equity are increased for any or all parties?

You can house hack (live in one side, rent out the other) and reap the benefits of your tenant paying some or all of your mortgage You can also do an FHA loan and move out after one year but keep the mortgage.

My preference would be to buy and hold most or all properties I can in the Redding area, but unfortunately the numbers just didn't work for me in most cases... 

I  allowed a section 8 tenant to move into my property In Chicago Illinois. in our signed agreement It states that she is responsible or all utilities.

I have seen so many examples of poorly written, inadequate inspection reports that were useless to the buyer.