Find a 10 or more door apartment complex and get it financed with an equity partner where the equity partner pays all closing costs say 15% equity to them. 

Split equity? 

I would direct you on specifics depending what are your major concerns; access to schools, work, equity etc.. 200K is a good average.

For that little equity taking it Subject To is very risky.

My advantages that I know of are my ability to get a mortgage (W-2 income, credit, and debt ratio are all good), having enough cash and house equity to get a 25% down non-occupied loan on a SFH or duplex (in my market), willingness to sell and move to house hack a 3-4 unit, understanding the fundamentals and math of small residential REI, love of learning "systems", and being a complete badass at life in general ;)My disadvantages that I know of are that I don't have experience yet in buying/managing rentals, and I haven't met enough other investors to learn about a lot of deals early in the pipeline.What would you do in my situation?

The nice thing about this is you can get really creative and make up your own terms in a very favorable way .

I know around here prices are pretty high and any multis available are too over priced and very little equity left when you buy.

Is a deal to you one that you can get some sweat equity into or divide the utilities or hope to better manage than the last guy?

So here are my thoughts:-I don't think it's fair to me to go 50-50 on the cash flow from this property since I'm doing all of the heavy lifting but I'd like to keep the equity 50-50 since he is thinking of it as a retirement hedge.

My husband and I currently have 5 rental properties in BC, Canada, and due to our Reno’s and recent price increases in the area, our equity has increased by approx 300K.