How to structure a specific deal to raise capital?

[Eric Michiels]

Hi, I have an opportunity in GA to buy single-family homes and work with a company that puts tenants in each room. They pay weekly for the room but rent for at least 30 days. Vacancy is very low because there is a lot of demand for this type of arrangement. 

I want to raise $7M at 11% to buy 20 houses. Fix them up to have each one set up with 6 to 7 rooms. With that rent money I'm able to cover a property manager, repairs and interest. But I want to structure the deal so that when we sell the properties I get a cut from whatever we make on the houses. 

Any advice on how I can structure a deal like this? I don't want to reach out to investors and sound ignorant on terms. 

Thank you,

Eric