You would have to create an HOA to manage the common area and keep control of that or create a self-managing HOA for the four owners to manage together.

The only overages I will pay are when things pop up outside of anyone's control.

I went to a public hearing on a red card that the town fabricated because a structural inspector decided to do an electrical inspection early.

If you do not know how to control money well, adding more to your bank account will only create new problems.

I'd simultaneously search for duplexes especially those with value-add potential.Regarding volume, the Suffolk towns with the most listed 2-4 family properties since '23 have been Lindenhurst (46), Huntington (22), Patchogue (21), West Babylon (16), and Bay Shore (15).Riverhead has had 10 listed small multifamily properties in this timeframe so it isn't too far behind. 

Look on Linkedin or other job sites to see any traveling nurse positions in your town.

Could also rent it out, controlled by an agreed upon third party that distributes equal pay to each party, and hopefully could also pay the mortgage out of rental proceeds so neither of you are on the hook.

Another factor to consider is the part of town your property is in and if you would have more issues with tenants due to issues with shared space.

There are other towns with much less city intervention and will have much higher chances of collecting higher rents. 

The ones I manage total to 20 bedrooms.These rooms rent for between $125 to $225 per week depending on room size and amenities in the room (beyond basic amenities may include: Desk, Tv, private entry, tenant controlled AC, additional storage).This month after padsplit takes their 14.25% cut of the revenue I am recieving, from the units I own, $15,230 from 3 homes.