You can setup a LAN game and select bots, the number of bots per team and the bots difficulty level.
I think I tried it once or twice and I believe I had access to all of the gear when I did.
One game I played was DOM and my friking bots didn't PTFO just like the real thing
The other feature is combat readiness. I am not 100% sure how it works. I believe it's an anonymous people and bot setup. I don't think there is any chat. I tried it twice to see what it was and getting a match took a lot of time and the connection was awful so I don't think it is used very much.
You can still split screen (on the PS4 anyways)