You need to decide if you want debt or equity financing. $10,000 on a $100,000 property results in a small (minority) position in either case.

being bought out of a partnership usually comes with some sort of discount... so yes you would need to also pay your portion of the debt or credit it.plus expect an early exit discount as well. .that's pretty standard .. unless its friends and family and they want to give you 100% prorata

Their big claim to fame is anonymity, and better BK treatment for debtors.

Then, one by one, as I save some money, call the debtors and ask to settle in full.  

If you can negotiate that, more power to you...but if you were partnering with me, I'd pay you EITHER as debt OR as equity.  

If you research the tenant BK on pacer.gov, you may be able to determine an approximate rent the debtor was paying.

It can be subject to debt, seller financed debt, or new institutional debt.

My advice.... don't think of your purchases in percentage of debt or LTV... rather look at the debt to income.  

Same goes for the question should I pay down debt or save for additional down payment for new properties.At the end of the day, it's your money.

Should I spend time agressively tackling debt or focusing the time and money on investments?