Quote from @Rich Davis: I know there have been posts regarding the ever increasing cost of insurance.  

So far I got only individuals with a rent limit of 1200-1600is it  common to let  2 - 3 individuals who don't know each other rent the house?

A prudent investor doesn't seek quick riches through shortcuts.

How much time / cash / other are each individual expected to contribute?

Then split bottom line 50/50 with the partner (individual) after all other expenses are paid.

@Eamon Conheady - was the other lender a company or a private individual? 

Given how the housing authority does their rent price determination on individual units, and government ran programs are never beacons of efficient processes, it can go either way.Note, the examples I speak of only relate to C-Class and below areas.

I have used LLCs individually for the properties that I've owned and I'm glad I did. 

BUT, then you want those landlords to judge every single tenant individually and not lump them all together with the ones that lie, cheat, steal, and destroy the property on purpose?

One of the features I like from Pipedrive is that you can add multiple properties to an individual.