Those tenants present would just get less of their deposit back theoretically. 

For example, there is no insulation under the floor or around pipes, part of the roof needs repair and half of it appears to have 3 layers of roofing material, single pane windows presenting a moisture problem, some failing siding, etc. 

This option has been presented to me with assurances that many have done the same with no problems.

With that network you will become more educated and opportunities will start to present themselves in many ways.Also, maybe consider volunteering or taking a job in a real estate related field.

Do you need to have something in writing (regarding their control and share of deal ) presented to them before they make decision to be a KP for you? 

They can negotiate cash for the note at any time so can work both ways for one another's benefit.In all fairness to the presenter we don't know the details of what she does and does not understand.

Presents a solid net profit in a pocket of Marietta located super close to schools highways and entertainment.

Then take that knowledge and present your business model to people you know with money (family, friends, dentist, attorney, Dr., etc.).

Your generic bash on Cleveland, while humorous (video) in misinformed and has sweeping generalizations, slanted language and is full of Bias regarding all areas of Cleveland and the suburbs.

Might be able to fashion a design with covered porches between rooms to present as a single building of 4 units or two building of 3 units each!