Would simply owning these properties through an LLC (with an associated business account) be enough to benefit from this? 

At the end of the day, everyones ultimate goal is to become the bank and simply lend out a pile of money and collect a return rather than having to do the grunt work of making these assets perform.

And if it did happen, the lender will simply fix the "botched paperwork" and proceed, A lawsuit will cost your friend $25,000 plus paying the arrears on the loan with no guarantee of success.

The easy answer is simply a 240volt plug on the wall.

If it is, your property may not appraise or sell, as it would simply become another active listing in your neighborhood.

I assume you’re simply trying to get a regular investor loan in your own name for 50% of the value to pay off the other heir?

If you're making a big move like this it would be wise to make sure you live as close as possible to where you plan to invest.Beyond that, simply being open to the idea that you may not enjoy living there and acting accordingly would be my best advice.

Hiring a new PM is not going to fix this I'm afraid, because it's simply a math problem.

Obviously, based on my relationship with the company, I'm not unbiased, but most people here on BiggerPockets know that I value my reputation above all, and when I agreed to join FTF as an advisor a couple years ago, it was because I was very impressed not only with their business model and underwriting guidelines, but with the CEO (Matt Rodak) and the rest of the management team.I have no requirement to invest my own money on the FTF platform; I do that simply because I like the platform, like the deals that are being funded and find the returns to be nearly as good as the private lending I do, but without all the overhead. 

You can always message me and I can layout simply how I structured this for myself.