@Robert OmbresIt is my understanding that if the dog bites while on common area, the association could be made liable.

Rather than flip out, I just sat down and poked around the forums till I found out what others had to say about this common problem.  

Anyway, personally those feel like too much of a risk for me at this point, as I don't have any experience with hiring/supervising contractors etc, and I suppose doing this the regular remodeling / general contractor way, any potential profit would go to the GC rather than me.So maybe I'm missing something, but it seems that for a newbie it's rather hard to get those kind of deals on properties?

One could credit the remaining folks for the deposit on file and return just the leaving tenant pro rata, but then you need a small check from the remaining tenants anyway to get the full deposit, and you never know how they have allocated or paid the deposit (or even if they are on good terms), and you rely on the kindness of strangers to return it to the leaving guy (so he does not ask you for it later).Either way, make sure it is crystal clear and communicated (I communicate it multiple times) to ensure a smooth transition and prevent problems; that may be key, get the fuzziness out and make sure no feathers are ruffled.

In my opinion using Google Analytics to identify sellers is kind of a retroactive response because once they hit your site they have already been targeted in some form or fashion. 

So the question: is it common for flipping businesses who take on investor money to have the investor take out the loan in their name? 

I think if they're qualified for section 8 voucher program it would be kind of hard to qualify to buy a house, but I could be wrong.

As @Mindy Jensen has pointed out, yes each bedroom needs two exits, Egress window for escape and a door that will lead to another exit, it cannot pass through another bedroom or bathroom only to a hall or common room then out. they must have not had one of those exits in that house in Colorado.

I think what commonly gets overlooked by newbies and is generally not overly pointed out on the boards here is that the notes that many are investing in are "distressed" loans NOT prime loans.  

Thanks for the kind words everyone.House is now under contract, only after 2 days on market!