You don't say what type of property yours is, but it sounds like a multi-family. 

If I were you, id high ball everything , sounds like major damage to this house     maybe shoot for 60k rehab, high points on the hard money..... even if you buy cash at 30k +60k + hard money fees + closing costs ... you might be able to squeeze a 10 percent return out ..... if you have good contacts id say maybe It could work ... if you have only done this a couple times , maybe pass on this for something with a quicker turnaround time 

I also have the option to partner (silent) in with someone who is willing to invest up to $100k for 50% of the deal which will basically just buy me the property, but i'd still have to come out of pocket for the reno.Not sure if either sound appealing and wondering if anyone has a recommendation which might be the better choice if any at all.Many thanks

I know it sounds like we're being picky, but analyzing a deal is as much about context as it is about numbers, so these are the types of questions you'll have to get used to asking as you progress in your REI journey.

Doesn't sound like you want to be a landlord.

Sounds like something you could easily train a VA to do.Good luck!

This way you and your bookkeeper can define the scope of your engagement, you don’t get surprised by any extra “hours worked”, and you have more control over your bookkeeping costs.Everyone has different pricing for this.

.$80-$100k sounds like a huge rehab, especially if you're new.

But this doesn't sound like the case. 

It sounds like neither of your would qualify for a mortgage on your own, but together you might.