In general you are not allowed to charge two people rent a the same time.  

Anyway, a local lender should allow you to do the same structure.

He is invaluable advice, free resources and payed.http://www.themichaelblank.com/session42/ this is great podcast to get started and allows you to visualize attaining something in a relatively short time period.

Easiest way to assign the deal is craigslist and bandit signs (if they are allowed in your area).

I purchased my first property in Monessen with the plans on flipping the property however for the amount of money I invested the area wouldn't allow me to make enough profit from the flip so I decided to rent. 

They are not allowing anyone to see the property before.  

And apparently if those no-HCEs contribute more it allows the HCEs to do so then.

.,  only 1 unit is allowed on the lot).  

First, i would not furnish the places, it will probably get trashed, let them get there own furnishings and make sure that the lease says they must remove them from the property when they leave. i would have them pay for utilities, to an extent - have them pay for electric, supply the heat but give them an allowance for certain amount of months ( especially if you have older furnaces and they run on oil heat ) if they go over then you charge them for it. i converted mine to gas with new furnaces, i include heat in mine, but i control the thermostat ( online, thermostat is locked at the house ). i also provide water / sewer and free internet.

Perhaps the owner would carry the $125,000 and bank would allow him to be in second position.