Husband is NOT a cosigner, but joint on the mortgage.  

They will buy the house and I will run it/manage it etc and be awarded 100% of the ownership interest of the house either via quit claim deed or a joint venture agreement.

I’m trying to find other wholesalers and other investors to Joint Venture with.

The tenants are jointly and severely liable for payment. 

Look for both appreciation potential in some of the southern cities (CA is tough because you can't cash flow) and of course, a healthy amount of holdings in a place like Cleveland OH (my market) or Columbus/Toledo type areas. 

My wife and I would like to purchase property from our landlord and become Joint tenants (me, wife, landlord).

Obviously that LLC income flows directly onto our personal joint return.

I would like to include my tenants as "Joint tenants" with right of survivorship... splitting the house equally.

The no doc 80%LTV 30yr fixed at 4.25% (with 1 point) is most likely how we would finance the properties.His wife is a stay at home mom so also considering doing it with her so she can over time become a "real estate professional" on their joint tax return and I can teach her the business as we buy more units.I have been researching ways to try and creatively set something up by a tax reduction strategy for them but it has gotten extremely complicated.Thinking to just pay them out 8% interest on money invested and then 50/50 on equity growth from mortgage pay down and appreciation.

Those are solid cash flow numbers you gave, you have a healthy amount of equity in it and the home will continue to appreciate.