Is there any problem with jacking a car from its side? The following illustration shows the idea:
Assuming that the car is on park and parking brake is fully engaged.
With this approach, I can rotate my wheels. Also, this should be safer than jack stand all four wheels, since I have the stability and support of the other side wheels.
There's no issue with doing this as long as you place the jack stands in supporting places on the side of the car and the car is on flat, firm, level ground.
Your statement about "... this should be safer than jack stand all four wheels..." is a bad premise. As long as the jack stands are at supporting places on the car and you are on flat ground, there should be absolutely no stability issues with jack stands at all four wheels. This is covered on this question/answer series.
