How to structure a deal using an LLC with a private investor

[Dave R Ludolph]

I'll try to make this simple as it can probably get a little confusing from typing. I have an LLC with a partner and we are investing in properties under this LLC. We have a few friends and family members who would like to invest in real estate through our company. What would be the best way to structure all of this? Most of these private investors would like to have monthly cashfkow rather than a big payout. Is there anyway these private investors csn have some kind of ownership of properties but it still be managed and dictated by our LLC? My partner and I plan on talking to an accountant as well as a lawyer about this. Thanks in advance for your reccomendations!