You got some streets with like 5 rental signs and each is competing for same tenant base in the $1200-$1500 market.

Pretty sure that’s a related parties transaction.

Don't split the two properties with two companies, sign up with the right company.Find a property management company that thinks like you do @Kit Klekamp One who will carry out your idea of what it is to be 'properly managed'. 

Score.There are already members signed up to attend.

This secured me for my 8th rental unit this year, with no signs of stopping.  

This frees up your cash to allow you to keep making transactions and allows them to follow the lender guidelines.For rental, there are lenders that will loan 75% Cash Out, and I have heard of lenders offering more locally out west, with a 3 month seasoning requirement for market value.For primary homes, or house hack strategies, a HELOC may be the best bet, as lenders vary, but overall some strategies will offer the best savings of all.

Ask your Father to co-sign the loan if he doesn't want to OWC.Good Luck!

Two of the units are month to month, and two of them recently signed new contracts. 

Furthermore, it's going to be a headache when you sell if the permits for work inside were NOT pulled & signed off. 

Often times, after the initial showing, the next time I meet my applicants in person is after I've selected a tenant and we're meeting to collect the move-in money and sign the lease.