Structuring a multi-person land deal?

[Lucas Allmon]

Hey all,

An opportunity came my way to purchase a piece of land that I think makes sense, and may be going in on it with a couple people.

I am not sure what kind of expectations to set for what folks need to put in vs what folks gain. Typically I don't invest with other people, as their expectations of returns are a little unfounded, but I do want to make this happen?

I'd like to hear how folks approach this kind of thing.