My husband and I currently have 5 rental properties in BC, Canada, and due to our Reno’s and recent price increases in the area, our equity has increased by approx 300K.

Yes, you can be a fractional owner, but I can't imagine many people wanting a person they don't really know to now have an equity partnership in their investment just to skirt a law. 

The agent was either inexperienced in such matters or didn't know what was happening and based on my letter, the broker resolved the issue in my favor just by my stating the facts. 

@Raymond Hill my sense is that due to the various costs and regulations involved, as @Brandon Ingegneri mentioned in his examples, it just makes more economic sense for builders to focus on single families than multis.I think it's related to the fact that most single family purchases don't make sense from an investment point of view because as an investor who's looking at income and expense #s to determine what you can offer, you're competing with owner-occupants who have very favorable financing and are buying because of the school district and because they like the kitchen and bathroom, not whether the rents vs. expenses & mortgage is profitable.In other words, because of the favorable financing and "use benefit", the buyers of single families almost always pay more per unit than the buyers of multi families.

The mortgage note itself is a form of asset protection, unless you have a good chunk of equity already to worry about.

I thought I'd narrowed it down to 2 possibles, but now I'm in full analysis paralysis...I've eliminated Equity Trust Company based on lots of negative feedback on BP and on my own personal observation of their unresponsiveness when I was buying a property owned within one of their SD IRAs.

We have a good bit of equity in the rental and are considering refinancing the rental and buying another property with the equity.

I do jot want to use any of my personal money, so I am thinking of tapping the equity.

If someone beats me out on the property they're going to be paying a premium for it, and I hope that is in my favor because I want it to be unprofitable enough for anyone else to own it that I end up on top.

Great equity margins (21%) and needs no work to rent but for 10k more the market would support another 20k in equity and 200/mth more rent.