How to structure a deal with multiple investors

[Jason Thomas]

I have numerous contacts who have interest in investing in real estate if I can find the right deal/return. My question is, what is the best way to structure the deal once I find an apartment complex worth pursuing? Let's say the property is 1M, and I have 10 investors each putting in 100K. Do I create and LLC with everyone as a an equal member, etc.? What do I need to have in place before I make this move? Any feedback would be great!