The strategy for me is I'll have 50% equity and profit sharing (and expenses) but the conventional loan will only be in her name so I don't use a mortgage slot on my credit.

Do you have rent roll to prove that current slots there are actually paying and on time?

., one way you could free up some slots for traditional mortgages would be to take cash out of one or more properties and use that to payoff other properties so that they are free an clear. 

There's no harm in asking if they have an open slot, or if you can work around their other jobs - that's different.

You can use a multi-tool to cut a slot all the way around the room to increase the expansion joint, just make sure the slot is smaller than the baseboard (or add shoe/1/4 round molding). 

As it is now, I only have one qualifying loan (filling one “slot”), but 15 commercial loans.

If that's the case for you, I would recommend getting it on either your or your wife's name (assuming you can qualify with with income from only one of you), so that you're only taking up one conventional loan "slot" since Fannie Mae/Freddie Mac only allow 10 per person. 

@Anthony Dooley  well obviously we need shelter I am not advocating living under a bridge .. the reason buying a home first for many is a logical step is as much how our financial system works first time home buyers can get into a home with an FHA loan or a USDA loan and there are all sorts of down payment assisstants  etc.. as you know your a realtor.So they can get that home.. and in low value areas if they just put the amount they would pay for rent against their mortgage they would own the home free and clear in probably less than 10 years.. with next to nothing down.. so you have not tied up anything but one loan slot.. not much cash and it does not hurt your DTI.Now if you try to start in investments first you need much larger amount of money down.. you have no experience owning properties.. so financing is tougher..

Way to find a slot where little to no products are and offering something that others do not.

So I see this as a perfect SLOT Deal.