I would post two separate ads.

If it were condo-ed individual up down units could be sold separately. 

Once the originator can see the full picture, they can advise if it would be advisable for you to apply sole and separate.

Then in a separate transaction to pass ownership, sell the LLC to a rehabber or landlord and they have most of their work for taxes already done.Also, to HUD, the ownership of the property doesn't change because the LLC still owns it.

I probably could've finished in 4-5 months but we purchased two separate fourplexes that derailed me a bit.Let me know if you have any other questions, I would be happy to answer them.

Many newbees will contract it all out to a single contractor to get the job done, but in my opinion, if you contract each out separately that you will end up with a better product with higher end finishes and accessories.

I am a current owner of 9 properties here in the South KC area as well as 1 in North Carolina under a separate company.

So I think this is somewhat of a regional question like Jon alludes to.However I always look at personal residence separate from business and I buy purely on emotion.

Keep the security deposit in a separate account as well. 

Since a divorce in general means both parties are going their separate ways, they generally want to maximize the proceeds from sale, so again, likely not a substantial discount unless it is warranted.What the OP needs is an experienced partner frankly.