former banker here10% is, in my experience, a low barrier, however it's extremely common to ask for a guarantee from everyone who owns more than 20% of any loan. way around this - find a non-recourse loan 

That situation would be extremely risky for a lender. 

Reading over everyones responses I also believe that word is a trigger for a lot of us, myself included. 

Am I better off just pulling the trigger and getting into the market instead of wasting time continuing to rent to find the perfect deal that may never come along?

You may trigger an alert for someone that's out there to pop in and help. 

The key to Marketplace advertising is using keywords to trigger alerts for local people so they see the advertisement.

The COVID-19 pandemic triggered a wave of changes in commercial real estate investing.

To me it looks like the Three Stooges did it.One trade opens a hole in the wall/foundation to make some repairs, they don't do hole repairs and leave it.Homeowner decides to just leave it, or stack loose rubble bricks back in the hole--thus saving cost of a proper repair job.This is an extreme brick problem: https://www.clickondetroit.com/news/defenders/2020/06/29/detroit-familys-home-collapses-as-landlord-refuses-to-answer-calls/

I would be interested to hear what taxes it would trigger...if at all?

You already have shown you're extreme penny-pinchers just by the fact you're a DIY.