The two most common...1.

It's commonly done where I am on commercial parcels that have multiple tenants on ground leases, the reason being to create their own tax bill for payment.

Boarding house type rentals are actually pretty common in college towns. 

You also had to pay for an background check before seeing it which while common I fear drives people away.  

Keep the title the same, keep the original entity alive.Some attorneys and gurus tell investors LLC vesting is the secure manna from heaven but fail to detail the long term costs and pitfalls.

What would a common commission in this situation?

[can you develop with some kind of tiny home communitity and subdivide as a tenant in common or co-op - give owners a stake in the project and do seller finance and keep the difference in mortgage payment -ie create equity through higher sales price with seller financing etc - big need for non traditional financing etc.]8.

Is this common and legit?

There are a lot of ways to do no money down deals but none of them are common or easy.

@Hank Thomas it’s common for them to start with a “desk top appraisal” (at no cost) which means they will pull from their data source to get a valuation (usually very conservative) without going to your property.