Hey guys i have a general question,if im buying land for my friend to build a house on and we decide to sell it later...how should the profits be split?

I'm just curious...I'm here in CA, and with the cost of housing, I'm always wondering if my home is too large and if I should be finding other ways to invest my money, such as buying rental property (2 town homes instead of a house for example) and moving into a house later. 

I got my bill for my house in Lake Oswego from Safeco which I had had for years and it was always around 2k to 2.3 k  i get the bill its 6k.. i call my agent and told him no way.. and he hunted around and found me something maybe 500 cheaper .. so I thought I have a aaa card I know they sell insurance and are reputable.. walk in there 1800 bucks done and I have full  basement ( which is rare on a new home in Oregon) and they gave me a much higher insurance amount if my sump pump fails.. bottom line shop.u

I joined bigger pockets to meet with like-minded investors and start my career goal of fixing and flipping houses. 

Would it be consider as an appreciation market yet or just more like cash flow type of deal (since housing price is still fairly affordable)?

I have a conventional 30 year loan on the old house(lived there for 2+ years) and private loan on the new one for now.

I have experience flipping houses, and working with investors on residential and commercial projects.

Many houses with obvious distress are not going to qualify for conventional financing.

I am new to this but I really need to start investing into my future and single family house for us isn't doing it. 

If I buy a new property as a primary residence and move into that new house, will I still have to pay a down payment for an investment property if I plan to rent out the house I currently have after I move into the new house?