There's a reason why ppl sell and to whom they sell if you need a quick fix because your wife is leaving u and you would have lost the house and your "status" among ppl, for doing so maybe the option given makes since 

I kind of wanted to move to Denmark as I am sure it will be a great school with all the latest technology and such.https://www.forsyth.k12.ga.us/redistrictingBoth North and Central are good schools, not top tier, but good solid schools that should maintain a god rental.Forsyth is great for all the reasons @Aurelio Kim mentioned.

If they aren't interested, keep looking until you find someone willing to trade time for dollars.The ONLY reason to bring in a partner is -1) They are truly exceptional AND are willing to buy-in to the company at a similar financial level to your own AND they do something you can't do on your own.2) There is no #2.

THe reason why you aren't getting anything less that $200/sqft is because the builder has to deal with the headache is making money off everything that he does.

Tax write off is one component of investing but it is NOT the only reason you buy a property.

Also If for some reason I end up buying/selling a home outside the partnership or representing someone as an agent other than the partnership, is it okay for me to take that income as my own?

You'll likely continue to hear different stories, for the simple reason: Different Lenders = different rules/overlays!

One thing I learned about working with seniors as a financial advisor is that they like income, but don't like headaches which could be a reason they're looking to move on.  

What does it mean when there is a high bankruptcy rate in a small town with no obvious reason?

The comps didn't have someone beat to death in the living room, so it seems like reasonably strong leverage for a buyer.