It is common to have 1.5-2 months' rent for an early termination fee if they choose to break their lease. 

This is a pretty common item that gets missed when analyzing deals-Vacancy: 8.6% is typically higher than I use, but it depends on your market.

Flat roof homes are common in the SW US, even in areas with significant rain/snow.

It’s terrible but it’s been quite common lately.

Often, people get into business relationships with others just because they are close to you, they have a similar personality as you.I would however suggest you look for someone who would make the business better.Speak to an attorney regarding structure.There is normally one of two ways that more than 1 person can own real estateTenants in common or through an entity(LLC, LP, Corp, etc)

Most of the homeless that are visible in my area appear to be 20-40 year olds with tattoos, odd hair and reasonably physically fit, with most of their teeth and missing other telltale signs of meth (most common) or other addictions.

I know this set up is not always common in all states, but I've seen this quite a bit here in CO. 

@Al SalousIts common to may a LLC for each flip. 

We've read all the BiggerPockets books and were frustrated to find that this clause, which is commonly found in every loan, was not covered anywhere.Thank you all in advance for your help.

It is SOOOOO common for out of state members to toss in the population decline (net migration).