I'd cut back your lifestyle in every feasible way to enable this.

Plus cash flow will enable you to stay FI and have income every month.

I work a 1099 commission-only position and she has a W2 job which would enable us to take advantage of a vacation home loan with only 10% down.What do you think maybe the best route where we could split the risk of the loan 50/50 but also expenses and profits?

A big warning sign of drug involvement....it is RARELY just one person, I'm guessing the others are at least dabbling, or enabling or.....?

There's a lot of information missing here that would enable an answer.

If it enables you to get another property faster then put down as little as possible.

@Wojciech Grajewski I'm not super familiar with VA loans (never done one myself), but I do believe there are ways to refinance and enable yourself to rent out the property.

The year-ago sales surge came after COVID-related lockdowns were lifted, enabling Q2 2020 postponed closings to proceed;The Days on Market (DOM) figure for single-family homes fell from 56 to 26;Total property sales fell 3.7 percent with 12,383 units sold;Total dollar volume increased 11.4 percent to $4.5 billion;The single-family average price reached the second highest level of all time, increasing 15.3 percent to $389,197; The single-family median price rose 13.9 percent to $309,910 — the second highest median price of all time; Single-family homes months of inventory registered a 1.8-months supply, down from 2.9 months year-over-year and below the national inventory of 2.6 months;On a year-to-date basis, single-family homes sales are running 19.1 percent ahead of 2020’s record pace.Townhome/condominium sales jumped 23.9 percent with the average price up 10.0 percent to $245,160 and the median price up 8.7 percent to $200,000;Single-family home rentals fell 20.1 percent with the average rent up 11.4 percent to a record high $2,162; Townhome/condominium leases dropped 10.8 percent with the average rent up 5.8 percent to $1,756.HAR

Enable your tenants for success and minimize your need to intervene.  

A licensed agent/broker has a wide system of support to enable him to successfully sell a homeowners house; MLS, local Realtors Association, sponsoring broker, team leader, etc.