My advise - take it as a grain of salt - set yourselves up for future success...make a clean transition into this new chapter of your lives together - find a new place to live aside from your rental property, keep your property rented and keep collecting that money - hell, use it to pay your portion of the new place.  

Networking is a vital aspect to the process of Real Estate success. 

If it appears that a company or agent spends a large portion of their time on general sales, you need to ask how much time and money they invest in their property management business.

Is there a cheap way to do this without moving the existing good portion of the studs?

The value add portion of this has been a difference maker for us in this market. 

Further, we got the seller to subordinate to a renovation loan allowing us to maintain a reasonable interest rate for the seller financed portion and fully renovate the property with minimal cash invested.

I want to make sure I understand it:Can you bundle up a portion of your current 20-year AM/5-year Balloons into a more conventional 30-year AM product?

My current thoughts of what I could do to it:Get some portion of it habitable, or move a camper on site, or rebuild carriage house on property... make it my primary residence.Rennovate along the way.Get it in decent shape and take out a HELOC on the property for a handsome sum.Use heloc to finance pretty much any other flips I wanted to do.  

Wanted to find out what people think of this line of thinking :  1) All your buy and holds are a business  2) You borrow money with a downpayment, just like in any business you would have some stake (say a VC funding) and then borrow major money from bank for your business. 3) You give the profits back to VC (so in this case the VC is the person giving your downpayment, typically yourself on the downpayment amount that was provided. 4) You take a portion of it and grow your businessSo say you buy a 100K property with 25K down, now 25K is the money you have loaned for your business on which you expect a return say 8 or 10% or more depending on the net cashflow and profit of business that comes from the rental income.I love this way of thinking, EXCEPT in a business when things don't work, you declare bankruptcy, the VC loses his initial stake (downpayment) and the banks loose their funding as part of bankruptcy vs in a typical SF Fannie Freddie loan you CANNOT declare that and you would still owe money to bank after the business assets have been liquidated (property has been sold etc.). 

Also for the LA area only a smaller portion is even under RC and as mentioned most new build is very expensive rentals/luxury.