Is it because they will become a 50% (or other predetermined %) equity owner if and when it all goes pear-shaped for you (again)?

Each group is pandered to with different a psudo gin-ed up problem (advertised to), and given their supposed savior national candidate to (hopefully) vote for in a primary, and then the actual primary votes do not really matter and the "Seller" chooses the predetermined runner for the National Election (hoping that because the SJW's "Felt" support for their interim media propped up (false) savior, they will Vote for the "Sellers" chosen National Candidate.In a nutshell, it seems one way to stop those local's who align themselves with the "Seller" from implementing these laws, is not educating the locals (they are missing the point of this and actually solving the made up problem), might be to somehow appeal to the National part of it.

The 2% rule is designed to get a set amount of cash per door at a predetermined rent range... the 50% rule is long term expenses... while the 50% rule is used as an assumption in the math behind the $100/door @ $500 rent 2% rule... they are really in no way related.For myself, I ignore the 2% rule... given a 25% down payment and today's interest rates... 1.5% gives a 15+% CoC return assuming the 50% rule.

For both primary and investment loan they also wrap in the mortgage payment for a predetermined length of time, so if your fix and flip will take 6 months you will not have to make mortgage payments during that time period.

Either way there's a predetermined way out and period of partnership that's appealing.

It's up to the bank itself how many it will allow- some banks cap at 4, while others will go up to 10.To your initial question- yes, you can take out a mortgage in your personal name and then, separately, make a contract with another person to lease the property and pay you a pre-determines amount each month and whatever else you agree on.