We require all adults (age 18 and above) to qualify to live in the unit and be named as a party to the rental agreement, jointly and severally liable. 

Joint Venture with an experienced investorMake yourself valuable ( bring something to the table other than money)Owner Financing dealsWholesale homes.I recommend reading the NO Money Down book on Bigger Pockets, ( No plugging intended ) great book for giving ideas on creative financing .

Most people look at more expensive homes beyond what they can afford and find what they are qualified are inferior.  

@Jason Gott Partnerships and joint ventures are tricky.

We have a couple of properties that required some work, but we know nothing about that part of investing, so we have a joint partnership with other investors who ARE qualified to do that work, we both benefit from the transaction. 

I don’t know about your proposed strategies, but if she is no longer married she won’t be filing jointly, so her exemption is $250k.

I use an economic unit addendum, which basically states that they are jointly and severely liable for all terms of the lease. 

You might want to consider forming a Joint Venture instead of a partnership.

Hunt Club may look close on a map but it's in a distinctively separate, inferior sub-market to fountain parc.

Interested to hear ideas regarding how to structure a partnership correctly so it is win/win for both sides.We are young and able to act as the "boots on the ground" to handle all the day to day operations of the prop...