It's an exciting but complex decision, and I'm reaching out to this community to gain insights, advice, and maybe learn from personal experiences.Pros and Cons:I've identified several potential pros and cons but would love to hear your perspectives.

what  happens if one partner wants to exit the property in the future and the other person doesnt )    2)  consider  buying and  financing it as a rental property  or using a DSCR  ( debt service coverage) type loan   3)  consider  additonal co borrowers  that are  strong  ( relatives )   4) obtain a new job that has a salary  that can be used  5)  wait to buy unitl you have the  seasoning for the variable income 

Personally, I'd say find a market you want to go after. 

I'm going to be that person who asks if you might be willing to also send me the same files? 

This helps them see it’s nothing personal, just math.Keep Learning: Laws about renting to people can change.

This way if you don't like the work, you can move on.If the idea is not to pay anything, then that person needs to bring in money as part of the deal.

Do you leverage your handy man or some other "boots on the ground" person.

If this was a person to person, then you might have to use small claims court to recoupe some of that expense.

It might state you are applying at ABC Bank for an 80% LTV loan with up to an 8% interest rate with a loan of $XXX,XXXSo, if you don't qualify for that loan, or you cannot get the interest rate stated, or maybe the appraisal is too low to an 80% LTV loan for that amount then you can break the deal because you can't get the financing you anticipated but instead you are CHOOSING (based on advice of the loan person) to switch lenders.

How much HHA pays will depend on a few factors like income, number of children, etc.Attend one of their online information sessions.