Creating a LLC for a flip in FL

[Brian Dombrowski]

I have an opportunity to take a stake in a $1M flip in Miami.   It's being lead by a friend who owns a construction company there.   He negotiated a good acquisition that never hit the market.  His company will be doing the renovations.  

About five individuals will have a capital stake in this flip. Does anyone have recent direct experience in a deal like this that can share what the wording of the agreement and the LLC should look like in FL? I have to believe this is very common. I just haven't done this before myself, and want to see what others have done before me.

A grateful thanks in advance for any shares or pointers.

-Brian