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.

A person for whose benefit the bond is written or his legal representative may bring an action in the district, common pleas or municipal court where the landlord resides or does business for collection on the bond.Bottom line, if the landlord obtains a bond, the funds can be co-mingled in the landlord’s general operations account, from which normal bills are paid.

Also add this:  "This lease is for use of a single room only, personal items left in the common areas can be removed at the discretion of the landlord with 1 day notice to the tenant.

Why would anyone with common sense, risk all of that?