And using the process buy a new property or properties that you also intend to hold for investment use.The issue for you might be that you purchased this property with the primary intent of selling. 

It can be paid off by a refinance, or a sale or cash out of pocket.The other issue is the pending divorce.

I have had no issues with using their rent collection services. 

Fear the issues of tenant nightmares, fantastic because you won't have that with STR. 

The bigger issues that need to be addressed by the operating agreement are how you deal with disagreements. 

Where another issue arrises is I recently quit my job after becoming pregnant as they would not cover my maternity while overseas, my husband is employed however he works for a UK company and is British so would be unlikely to help us with the situation in the US.

But to sum up your truly relevant point, all you are really saying is that there is high default risk when you deal with people who have poor credit history or some other financial issues.

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

.: Quote from @Marcus Auerbach: A lot of buyers have a psychological issue with #3.

If you go with the partnership route1) You need to manage the money going in and out of the business bank account.2) File a partnership return and be responsible for issuing K-1's3) make distributions to you and your partner for cash flow that you receiveYou will likely spend many hours on a nice gesture.I may want to consider instead to give a christmas gift or a bonus for early completion of projects.