like its some animal of its own.. its simply a company that instead of retailing homes to home buyers  sells them once rehabbed to investors.. nothing more nothing less. nothing different than going to the grocery store and buying your food.. 

But, if you do that simply to force a tenant to move, you are opening up your potential to being sued.

The best way to get all the answers you're looking for is simply to speak with a lender and find out what's possible for you.

That being said, even institutional deals that are accredited investors only have PPMs because its good practice and, as you mentioned above, the lack of one increases one’s exposure.I’ve never heard of any rule that says fewer than 3 investors don’t require a PPM.

I see them all the time.A good rule of thumb is that if someone does a lot of talking, they are compensating for the lack of grey matter. 

The one drawback is the lack of high speed and internet infrastructure.

The properties are all in relatively good shape and the minor issues we've had the property manager simply took out of my monthly owner disbursement. 

If you served them notice, simply don't act on it.

Not for lack of wanting to work, but just transitioning from my current job. 

sure you simply have to make a lot of money.. either choose the tenant pain and the writeoffs that go with it or choose write on s and live with the income and tax burden.you can always buy a plane that will shelter a bunch of income.