We wont go back to a gold standard.

The best way to go about this is to go to the county websites and look at the how the schools are doing on the standardized test that are given.

If they are friends, roommates, dating, or whatever, then I have minimum qualification standards that each individual must meet.

I'm sure what they use is pretty standard, similar to what realtors use.

In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause.

My advise is should you take this leap, try your best to avoid your tenants discovering you're the owner.

If you don't agree with their criteria, ask if you can raise the standards on your property.

If they come in as partners, they can deduct the interest expenses directly against their share of income from partnership.If they come in as lender, they can still deduct the interest as investment interest but might be limited depending on various other factors such as need to itemizing deductions rather than standard deduction. 

And if it does qualify as commercial according to building standards, can I refinance the building based on its commercial value?

That's when I discovered bigger pockets and started dreaming about expanding our portfolio and rental income.