Saving up a down payment for a smaller house is a good path.  

Shared housing provides affordable, flexible rental options for young professionals, remote workers, and students.As shown above, co-living properties have more demand than traditional two-bedroom units and appeal to a wider tenant base.2.

This puts the current market rents of $885–$925 per unit well within the affordable range, with room for modest increases post-renovation.I’ve also reviewed competing properties in the area; apartments seem to be listed between 975 -1000, and houses are listed between 1300-1900.

So I have a house I am going to be selling in a couple weeks, but I’m confused about what the agents are saying.  

My plan for this year is to remodel and upgrade the house to then put it to cashflow either via short/long term rental.

There's alot of neglected housing out there, gentrification.

is so what lender did you use that provide non recourse loan?

I would certainly advertise that and add pictures and themed items to house.

You are missing my point on taxes.Scenario 1:  Your partner buys the house at the same time you put your cash in.  

Acquiring in cash or with a fix and flip loan.