Specific to commercial real estate in the general sense (non-apartments), your income stream is commonly fixed for a long time, i.e.

Probably the biggest changes will be if the states have different legal structure for spouses, such as tenant in common, etc., and how those are handled when selling a property, as well as the agent responsibility if it is a non-disclosure state vs not.

Our names are all listed on the deed as individuals, tenants-in-common.

The common ground that needs to be present is you need to 100% trust in your partners honesty, integrity, and work ethic.

Is it common knowledge as best business practice or actual business law?  

A common misconception is that one needs to recoup 100% of their cash invested in order to BRRRR - that isn't true.

@Bruce Lynn is pretty close, and maybe right on the money with some areas/operators. 20-30% is pretty common.

Let's look at the law.Telephone Consumer Protection Act Of 1991 (or commonly referred to as the TCPA)While mass texting is by no means illegal, it is heavily restricted.

Any other information about what you see from tenants commonly would be helpful.Thanks

If I offer someone Fannie AND "alternative" with horrible rates/fees, the number of people who think I'm trying to scam them (and, thus, take their business elsewhere entirely) is actually higher than the extra business I pick up by offering that alternative.