They had no common sense what so ever.  

Should I try to make the deck on the second floor a common space or as part of a large bedroom?

The new pref equity is given priority to the original pref and/or common equity.

Hello, we have a. apartment complex in LA County and want to install security cameras in the common areas.

However, there may be a commonly expected way of handling it in your area.

The mechanism would allow the property to be re-deeded to all of the LPs as tenants in common. 

Whereas if you and the other investors held ownership as TICs (Tenants in common) then you could sell your portion and do a 1031 of your portion while others did something else. 

The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos. 

Very common.

Is it common to purchase a home with other debt?