This sounds like what I had my mind on.

The insurance payouts over last years, it's just a mind boggling amount.

You will find like minded investors, vendors, private money…etc. good luck!

It would lead to less conversions, just keep that in mind.

This might give a one-time (non-scalable) boost to cash flow, offer multiple value-add options, and allow the house-hacker peace of mind, via the assumed mortgage, in long-term breakeven or positive cash flow in the event that the value-add plans end up not being executed, and/or the person has to move out, and rent by the room or STR become unavailable for some reason at a future date.

Keep in mind you will be selling to an investor so the pricing won't be a high as a vacant property.

If you don't mind my asking, how did you find the deal to begin with, and did you have some hint that owner financing might be on the table from the get-go?  

Quote from @Jonathan Cooper: Quote from @Nate Marshall: Quote from @Jonathan Cooper: it may be worth it, but keep in mind it is only for sub2, so it certainly will not be enough to give you the proper knowledge for real estate investing Truth.

Converting the partnership into a Tenancy in Common (TIC) could work, but keep in mind this requires dissolving the partnership structure and redistributing ownership, which may have tax implications depending on how it’s handled.

It would be great to connect with like-minded individuals and support each other in our real estate endeavors.