Where I invest, you can split 1 property into 3 quite easily as long as the new parcels conform to zoning standards.

Some state that anyone with 20%+ ownership must PG the loan, so this would mean just amending the OA/Bylaws to show that only 1 member has more than 20% ownership in the entity.Others are more flexible - as long as the Guarantor owns 51% ownership of the entity, the remaining members can have any % of ownership without having to PG.

They have the best terms of anyone, so long as you don't own more than 4 properties?

I had to go with an FHA, but as long as she meets the other requirements it shouldn't be a problem. 

Let me repeat this...Cash buyers need YOU.... as long as you provide value.

I’m okay with lower ROI as long as it’s less headache for me.

Or it could be any side of town as long as it's within the loop? 

The limit does not exist in my opinion as long as the property truly cash flows and there’s a reasonable expectation you aren’t buying at the height of a bubble.

As long as its month to month,  MOST terms can be changed with 30 days notice.   

Given your financial situation, this is a highly personal decision, as long as you understand all the tax costs and consequences, no one would blame you for whichever path you chose.