Both parties on deed as tenants in common.Putting myself in the money-partner's shoes, even with the expectation of long-term property appreciation, I would want some immediate return on my cash invested.

not to worry, can the other two comfortably cover the lease amount?

Granted, some "gurus" are not what they claim to be, but, if you do your research and have as much faith as you do in your so-called professors, you will find the one(s) with which you feel most comfortable and provides the most necessary information for you to move forward in your quest for financial freedom via real estate. 

They'd be the first to tell you that they don't want you getting into a deal that you don't understand or aren't comfortable with.

@Patrick Goswitz  Assuming you're comfortable with the buyer, and you own the property free and clear, a lot comes down to what are you going to do with the 100k?

Me and a partner have begun creating a rolodex of capital that we believe can be raised, but we are hesitant to even try without a being more comfortable in the space.

What would you do in my shoes.

My company has worked with many investors in your shoes ready to get out of active management and unlock their trapped equity.

And not enough space to comfortably fit a dresser in the bedrooms.

Understanding and educating yourself on the advantage of different forms of financing is an excellent way to get started and feel more comfortable about the process.