Those jobs left the state ONLY Tesla has come in and remained. 

Bad debt is unpaid rent that will remain unpaid.

The last thing you want is to have your hard earned savings tied up without the time to oversee it properly.Good luck!

I had given them a payment plan to pay security deposit in three parts on move in, they paid the part that was required before move in but not the remaining two2.

Persons A and B started richer, and remain richer, but person C is actually gaining ground, A and B are just treading water with inflation. 

One possible arrangement might be for them to serve as the trustee for a land trust with the minor as the beneficiary.Honestly, though, I'd recommend you spend these remaining months getting as well-trained and knowlegeable as possible in your chosen real estate specialty, and then hit the ground running the minute you turn 18 (assuming you don't live in Alabama, Nebraska, or Mississippi)!

@Aaron Lemoine, the loan you have has in it whats called the "acceleration clause" which means if you transfer title to the property, they can make the remaining balance of the loan due immediately.

After that and all other expenses you split the remaining profit on that 67/33 basis.

What's the best way to purchase without tying up too much capital?

With this in mind, I am thinking that the less-than-stellar cash on cash ROI might not be as important as long term benefits.And would a bigger down payment be advantageous or a detriment, since the lower monthly mortgage payment would come at the cost of tying up capital that could be invested elsewhere?