Depending on the equity you have in the property you may be able to eliminate your MIP.

Meaning the title company would eliminate the lien from title, and instead your client would pay for a surety bond or post the equivalent cash which could eventually pay off the lien if it is found to be valid.

7c ) Can I split the acquisition cost and therefore reduce or eliminate any risks to my personal net worth?

You can end up eliminating a ton of houses by adding that equity filter because a significant number of homes may have unknown equity.

The object of the game is to reduce/eliminate your cost as low as possible while maintaining positive CF, and let your tenant pay for the rest from the rent. 

I would like to purchase another house as a conventional loan and "house hack it" to get better interest on the home and eliminate taxes on capital gains.

I would like to purchase another house as a conventional loan and "house hack it" to get better interest on the home and eliminate taxes on capital gains.

From my experience (and many of my clients) DSTs have helped eliminate the day-to-day hassles of property management, allowing for more free time to do the things that are more important.

This eliminates excuses! 

We use 600 as our target credit score and that eliminates most prospects.