The "non conforming" lending options are actually called NonQM (non qualified mortgages).

That actually is a benefit, as no one is expected to water the yard.  

We actually had 13 insurance claims from that one storm. 

I wish I had another work around for you, but I actually stopped using my business CC all together just to avoid the PITA "hacks" they offered as solutions. 

If you're open to expanding your options, you may want to check the Columbus OH market. 

I can help you with financing options and help you analyze deals.

Once we changed to charging a fee, proof of ability to close, good income, a sizable reserve and reasonable credit, the students not only started taking the training seriously but actually began buying properties for their retirement.

You technically CAN break it up on Schedule E; however, it is not the best thing to do for audit purposes or an actual breakdown.You should have an operating/partnership agreement together and you should have a dedicated bank account for the property.  

Especially in a more competitive market where the options are plentiful.

So, you didn't actually close with them?