The property must be the only security for the loan.

For example, find a secured loan @ 12% for 12 months or less. 

Form an addendum that Jack and Jill sign where Jill acknowledges she will be taking over for full rental payments, damages to the property, and security deposit (would not recommend giving half back to Jack you could argue this would cover him getting of his lease agreement early).  

So maybe by doing it outselves will be a better option with the help of subcontractor, the next time.The reality is that I am the one intereseted in not losing money because is my business, the contractor does not have a problem with the time, he has his money secured. 

I think master lease at least provides you with some sense of security on getting the money on-time, headache-free.

My tenants are currently requesting a month to month but I would like them to renew there year lease so I have a little more security.

Another thing that I'm somewhat concerned with is the tax lien on the property, assuming I package that in to the ARV algorithm?

Entire security deposit of $1000 is gone to the unpaid rent. 

2) Whether or not advertising on my own website constitutes a general solicitation to the public for a securities offering.3) Whether or not I need to be registered as a broker-dealer for providing investment advice with respect to recommending the purchase or sale of securities.I absolutely plan to consult my attorney on these questions but I’m also looking for some experience based answers and a place to look some of these things up in black and white in order to have a more productive and informed discussion with my attorney.Thank you everyone!

An experienced co-op listing agent will know how to vet buyers and financially qualify candidates for board approval, will know how to present atypical candidates, will know how to put together an iron clad board package, etc.