My only regret was not just jumping in, using common sense and good math skills.

It shows a little linear situation - each of the properties across the top and down the side is income and about a dozen of the most common expenses you'll incur.

@John Lester These are common investment goals.

I have gotten a 25 year term from a local bank before but that is not common.

If title was held with all 3 partners in their personal names as tenants in common, then each would pay their own share of income taxes based on their net gains.

Hi Jacky,This is a pretty common scenario you're in.  

Tenants in Common(TIC) - both parties would be on title and there is a TIC agreement that shows ownership percentages.2.

We're a local PM and this is very common. 

This is not at all the case if you have to pay for other people to install tile for you.About the wood: there is no other flooring in common usage that will outlast 3x oil-poly coated 3/4-inch oak strip flooring.

The most common portfolio style loan in Texas is a 20 year adjustable rate loan.