Although I personally feel as if this isn't as esthetically pleasing, it allows for easier upkeep and cleansabilty.  

You changed the way the load is distributed and therefore that weight needs to be correctly supported.

These things sound great going in but when something goes bad that is when the upfront agreement is worth it's weight in gold. 

Which example you give the most weight to is totally dependent upon what your goals are and what your comfort level is. 

While I may peak at Zillow to see what it says, I never put any weight on it and just use it as a hopping off point to drill down and do my own comparisons.The short answer is never use Zillow as your only resource.

Shouldn't supply and demand should have some kind of weight in the process?

If the 2 partners with strong financial backgrounds can each qualify for the entire loan from a debt-to-equity perspective, and assuming the property has solid financial projections, it may take a full joint & several guaranty for the entire loan by the 2 partners (in addition to the third partner, which may not hold much weight from a credit standpoint but required anyway).  

and of course I am sure others will chime in that your only selling a contract but your not.. your double closing so your selling a home you do not own.you have to weight the risks.this is a tough game for those that are on limited budgets and heavy debt.. you may want to get that license and work on a team first then venture into investing.. 

If you want to dig into it yourself checkout IRS Publication 527: Residential Rental Property. https://www.irs.gov/pub/irs-pdf/p527.pdfA good CPA is worth more than their weight in gold on helping you figure out the best tax strategy for your situation.

Plus the hwy lots are buyouts by the county and we can lease them for 99 years just for the upkeep of grass mowing.