How to take on Investors

[Francis Branagan]

Hello I am an active reader but this is my first post.

So I currently own 4 rentals, looking to continue purchasing them. I have also had success with 2 flips recently. I am looking to continue to do flips and purchase more rentals for long term buy and hold. I am still fairly new to the business but so far things are going well. I have been approached by a couple friends and family members who would like to invest in the business.

I currently have two people who would like to invest 100k each in a passive setting in exchange for a dividend or something along those lines. I obviously don't have enough shareholders to for a Reit but something similar on a much smaller scale is what I would like to do.

What is the best way to structure and go about this?