In my state, this is the most common way to transfer ownership.

In Worcester they have what is called ZERO LOT LINE where you can share common walls with someone but everyone is responsible for their own exterior maintenance and roofs. 

I think the common denominator is that I need to network a little better at these meetings.

A common misconception is that agents are solely responsible for finding deals; that they’ll be out there all day beating the bushes for just you and magically making off-market deals appear that meet all your criteria.

From the details you provided it like you are on a net lease, which is common in the commercial space. 

I also thought about potentially placing about 8 small storage units to give the tenants a place to rent for an extra fee for their extra stuff.Do "dog park" areas or private fenced in areas for tenants vs common open yard space see an increase in rents typically? 

This is, sadly, rather common.

It is important to note that the City’s new ordinance does not alter the ability of common interest communities to prohibit short-term vacation rentals through their CC&Rs or other governing documents and to enforce those prohibitions within their community.

In both cases my wife and I hold the titles in common.

It is very common to buy a duplex for 30k and get 1200 in rent each month .