Two years ago, this approach would not have been an option.2.

Unfortunately, she would not be able to afford other options than what she has.

A second option you might not have considered is self directing your 401k.

The investor wants me to come up with a few options for how we can partner on a future deal (coliving home in the Cleveland market).

There are a lot of options out there.

But I'm looking for the cheapest option to acquire for now and then work my way up to multifamily.

I sure don't want to consider myself an abuser of this forum, and therefore don't see that as a proper solution.Nonetheless I do agree with @Joshua Dorkin that it can disrupt the flow of conversation... but I don't agree that most forums act this way; I've been a member of multiple forums, and most of them have options to delete posts... rather than contacting support or marking your own post as abusive.I digress...

I think we will see more "adult" families living together...kids move back in or parents move in with kids.The traditional apartment model was based on 12month leases, but jobs are not always 12 months and people want flexible terms, so co-living often offers that.Seems like younger people between 20-30 and some other age groups don't want to get married and start that housing pathway our parents and grandparents took.   

.- With $100K, you have a lot of options. 

We have 2 San Antonio sub2 deals that are turn key homes and only require about $20-25k to close (assignment fee + closing costs).They're a great option!