They are commonly placed or used on an owner occupied house, but rather unusual on an investment property.

@Daniel DietzKudos for handling it the way you are doing.You may be under an incorrect assumption (a very common one, I should add) that depreciation recapture is due immediately upon the sale.

Rates in general are well inside of 4%, if pursuing common prepays and vanilla org structures. 

It's a very common way to get started in BRRRR, but the tricky part is you have to live there for a year. 

They feel a responsibility to keep the common areas clean for the other tenants whereas when I had ones who knew each other they were more comfortable leaving messes out. 

Door knocking seems to be the most common method.

I am having trouble seeing how I can do more than 1 or 2 properties before I would have to wait until I had equity in said properties before I could get loans for more.This is a common question so I gathered some uncommonly good answers and linked to them here:Most recent flip numbers compared to HGTV https://www.biggerpockets.com/forums/223/topics/343683-most-recent-flip-numbers-compared-to-hgtvHow would you describe REI to a HGTV Fanatic?

Appendix A is a statement of common charges (wall repair, damaged blinds, garbage removal, etc) that the tenant gets with the lease.

But it would be fine for you to also own a tenant in common % of the new property. 

This is common in the wholesaler offers I have seen.