Negative cash flow is not something I’d be okay with, but I know there are some instances where people are okay with taking a small hit for a big pay off with the appreciation (and hopes that the rent will go up).

Insurance difficulties are everywhere these days, but it seems there is at least one (expensive) option in most instances.  

This certainly clears up a lot of concerns the noobies entering the notes space have.keep in mind this is Specific to California and each state is different.. for instance Oregon you may not fractionalize a note I learned the hard way on that one since I spent a decade doing them in CA It did not even occur to me to check with Oregon regulators and they hammered me and gave me a cease and desist.

For instance, if the parent is Texas Real Estate Group LLC, the following are acceptable: 1.

I have lots of single-family and 1-4 unit multis that I think it works pretty well for too.But, it's just a general rule and many properties are way lower and many properties are way higher.For instance, I have some office space where the tenants pay for most of the repairs. 20-30% is probably more accurate for that type of property.I have some 'nearly new' duplexes that have very little repairs or maintenance.

So for instance, if I have 20% leftover every month, that goes directly to principal. 

I HAVE been wrong quite a few times and, luckily, have been corrected by my colleagues in those instances.

For instance, if the exit cap rate is x, am I still making money?

For instance, if a homeowner doesn’t have the ability to pay for a home, they also lack the funds for necessary maintenance.

no reason to retitle the property. although I think you have the right to do it in many instances. but why ?