Best way to structure a real estate, SFH rental, deal

[Kevin Mitchell]

I am in a unique situation in which prospective tenants reach out to me to find them a place to live and rent. More unique than just that but for the sake of the conversation and questions I need answers on, the above summary should suffice. We have 6 cash flowing properties and my liquidity is quickly drying up. My father has noticed my success and wants a piece of the action.

With that being said, from a financing perspective we need to finance them in our personal names in order to utilize the type of financing we require to make these deals work. We both agree we want some type of contract between us outlining the details of our operation. Figured I would check here to see if there are known resources before we go the lawyer route. Would like to structure it 51% me 49% him to ensure all final decisions go thru me. Be it repairs, financing, etc. any thoughts? Happy to share more info if needed. Lmk what y’all think. Thanks in advance