Is it really common/acceptable for apartment or commercial deals?

The asking price has no bearing on what price the bank will accept. 

So I told him, "Look, I understand that you don't want anything to happen, but my earnings are NOT contingent on your inability to accept the risks of doing business". 

If they go with a property manager, be sure that they are actively marketing their property rather than just putting it on their website.

It's like with the seasons: There's a time for preparing the field, a time for sewing the seeds, a time for growth, then harvest, celebration, reflection, and rejuvenation.The challenge for many of us is accepting it is so.

Seller carries a shorter term note at a higher interest rate and accepts interest only payments for the term.

That does not mean that the seller can not accept YOUR offer, but the lenders usually require that the property has exposure in MLS.New Hampshire is a non-judicial state.

From reading here, I believe an LLC structure is the right next step (if I'm going to accept contributions from other FAF type investors), but where do you go for commercial insurance?

But, if you have a bad tenant, you can go through the 14 day notice, wait out the 3-4 weeks court day and the day before you go to court, they can deposit some cash in the account, then show up at the hearing and say they made a payment and you accepted so therefore the 14 day and court hearing is  essential void. 

I see you are from Illinois and here is a link to their state website explaining that the property tax exemption is only on the primary residence:https://www2.illinois.gov/veterans/benefits/pages/real-estate.aspxHere is a breakdown of these laws by state:https://www.hadit.com/disabled-veterans-property-tax-exemptions-state/Thank you sincerely for your service to our country!