Are there sensible steps I should be taking at this moment?

A lot of people are losing money or operating at breaking even at the moment.

This property had my heart from the moment I saw the listing, but it took A LOT of work and calculations (and LUCK!!!)

It depends what you need at the current moment?

You’ve been incredibly helpful, and I appreciate all the guidance you’ve provided so far!

I do not have the finances to make a down payment on any property at the moment.

As much as equity sharing is profitable for you, it is also a way to show your clients “Hey I am here for your success as much as you are, and I have a personal investment in you” which is an incredibly inspiring model.I would however say maybe scale your equity based on the current state profit margin of your client, or even work in a sliding scale so it doesn’t turn off potential clients who may be at a slim profit margin as is and are concerned about it getting any slimmer.

It's incredibly difficult to find anything that breaks even on a note less than 30 years, I mean you're nearly half way to having that place in Dallas paid off! 

Getting into legalities can be costly, time consuming, and incredibly annoying.

The FHA loan has an inspection requirement and the self sufficiency test that scares a lot of sellers. 5% is more common here at the moment.