If you have only 1 month supply everything sells and sellers don't have to offer much discount. 

If the real estate market pulls back, this "partner" has 100% of the risk of losing money.  

It may help if we knew what market this is in.General advice is the market is competitive everywhere, so do not skimp out on furniture/upgrades/amenities/photos etc

Typically, when rentals have been on the market for that long here in Columbus, it's because they're asking too much for rent. 

I'd be happy to sell it on a lease option or seller finance (wrap) for $350,000.If I seller finance I need to charge at least a 7% interest rate as that is what my rate on the property will be. 

That's right—we haven't seen rates like this in over a YEAR.And here’s more great news for buyers...the market has more properties available than this time last year, leading to a slight drop in median prices.Now is the time to make moves.

The landlord insurance market in Houston, particularly Harris County, has become more challenging, leading to fewer insurers and higher premiums.

In the current market, that would be tough to do at anything over 75%.

Find an investor-friendly real estate agent in the market you want to invest in because a typical realtor is not as familiar with how to evaluate the potential of a property for investment purposes.

Did you do the market research?