A general range tends to be 85% to 100% covered.

@Sharon Porter,Investing in a state-controlled property like this can be an opportunity, but it's critical to understand the legal and logistical nuances.

With the proceeds we later purchased two properties the same month, one with FHA loan 5% down and received a closing credit of $8k plus a $2k check made out to us after closing.

If you have vacancy or in need of a large repair, will you have the cash to also manage that? 

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

This is a new strategy and platform, so any question is a good one so that everyone can best understand the process.

Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report.

You may want to get a CPA or a tax guy involved.

Tax Implications & Loan Considerations✅ Be prepared for higher property taxes and potential changes in tax deductions.✅ Ensure your mortgage allows renting—some loans have restrictions.If your financial cushion can handle these factors, you’re in a great position to rent out your home successfully!

I already have some equity in the property after doing a complete rehab but I don't want to diminish my returns selling it after one year, paying for commissions/closing costs.