This is very uncommon, though I see folks posting about HELOANs for investment property.  

@Gene PanicciaManagement fees vary, but it's not uncommon for a PM to charge fees for managing tenant-paid utilities or coordinating repairs.

While with 1-4 units, refinancing to perm when vacant is not that uncommon at all.Cheers!

More so that it is uncommon and throws most smaller town contractors into a loop of uncomfortable bidding.

It is not uncommon for auctions like this one to get rescheduled multiple times before ever actually making it to the courthouse steps. 

Lots of people do short term rentals with pools, this is not very uncommon.

Costs will seem high relative to the loan amount on these smaller loans, $5-6k in lender fees isn't uncommon. 

Evacuations due to wildfires are not uncommon in our area of California. 

With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.

There are lots of hard money options (or maybe not "lots" but not too uncommon) with no appraisal required - that makes the offer equivalent to cash (closing within a couple days and no appraisal contingency - its out there)The lender still has to ok the deal, appraisal or not.