How to Approach a Big Investor (friend) with a deal?

[Chris H.]

Hi Everybody

Newbie first post here. so excuse the ramble here. I am kind of caught up on something and just don't know how to approach exactly. A Little Back Story : So i have a friend he is CEO of big company (all over the world) he has a few planes very well off but down to earth i have known him for quit a few years. he has a background in real estate (not sure to what extent) but he mainly owns commercial. i am a contractor and do a lot of work for him on his personal house, lots of his properties, some years probably close to 100k a year. He has  brought up the fact of selling off some of his properties to me. But i am looking into multifamily and thinking about approaching him with a deal. Before i do i want to make sure i have everything together so i can lay it all on the table so he can see the numbers. I am sure he would be for it if it was worth his while. so my question is what would make it worth his while?  For example if he gave me 250k for a 1 million dollar multifamily property(assuming it was a deal and everything worked) What would be a good return for his side? And how would i go about structuring that?  Or any other possible deal structure? considering he could probably just buy the whole thing out right. So if i approach him and he says yes "what are the terms"? i want to be ready with an answer.