Many heirs prefer this because it means quick cash (or a check) without having to go through an estate sale company and pay commissions.

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

You’re not going to find a safe way to do what you want unless you or the “buyer” has enough cash to pay off the note. 

I don’t know if I should invest in the Jersey market and put maybe 20-50% down on something, make less cash flow and make more appreciation, or every two years or so maybe buy something fully cash (my own $) in the Midwest let’s say 5-10 units and make more cash flow with no debt as with the income I make I can just save and buy more, don’t necessarily need to leverage in some markets.

Ultimate goal is good cash flow to enhance retirement income.

House hacking a duplex, even with negative cash flow upfront, is a great way to build equity while learning hands-on.

If you cash out equity in a property, you are "borrowing" that money from the lender.

I can leverage my WLI cash value to purchase it outside the banking system.  

You can  solve this by a cash app refinance if you’d like to readjust title, this is the way you would take care of it.

Purchase price: $325,000 Cash invested: $2,485 Long term investment.Hey @Kevin Gamboa.