@Bridger L Logan I'd suggest calling the city about it, but my hunch is that you do not need to subdivide it just to sign a rent to own contract or to begin collecting on it.

Will this be a problem like piercing the corporate veil deab. from HACC for section 8 : Do I only submit a bank form for them or do I have to show proof of new owners to them?

Then you'll have an answer.For future listings, I believe you can connect Zillow to your CRM so that you collect the data automatically.

I've been narrowing down new cities that I'd like to invest in with a group of people and we've been going the normal route of collecting data through government sites but it's time consuming. 

It has a little bit of everything you need such as P/L statements, tenant communications, rent collection, notice postings, apartment listing and more.

It depends on the bank you are using, most of them prefer long term income (which is more reliable to them and safer) but if you can show proof of income history being used as short term that might help too.

You are not doing anything other than collecting profits. 

I'm pretty convinced it's a bad deal (that I will not be purchasing), but just wanted to get my feet analyzing a deal, collecting resources, filling in numbers, and getting feedback to see if any new conclusions can be drawn.

We collect personal and business docs, then verify you have funds available. 

This LLC collects the rent and signs the leases, and handles the maintenance requests.