I do not really have the desire to buy more unless there is a really good deal that comes along.Some people tell me that if I pay off my mortgage early then I will be able to leverage the tax benefit of owning and paying mortgages properties.

It seems the goal is to hold for 10 years, then sell and profit on the back end without capital gains tax.

Would it be fair to split purchase costs and then distribute equity and cash flow 50/50? 

Compare how you would expect this home to perform as a rental with reasonable assumptions about cap ex, vacancy, repair etc and then figure out what kind of rental or possibly RENTALS (multiple) you could purchase if you sold this property and how would they perform.

But struggling to find the right property  Hey Kalon, I would highly recommend you figure out which city/state makes the most sense for you to invest in, then build your CORE 4 around it (realtor, attorney, property manager, and contractor).

Builders typically are NOT long term buy and hold investors.they build they sell they take their profit and do another new build, rinse and repeat.There’s still a delta between seller ask and buyer expectations on existing property which makes sense.

If they are there, then their numbers are accurate except for cash on the side. 

@Adam ShaIf you can buy a home for cheaper than rent then that is a red flag.

If it means you can't get a mortgage, then yes pay it down quickly.  

Just for some background info......the only reason I started and own Skip Genie now is because I specialized in highly distressed vacant properties and learned the ins and outs of how to efficiently find and contact the owners/heirs and then be able to close on them.