Basic of a good deal structure

[Ken M.]

Hi BP-Nation,

I believe I've learned what I can from tools, videos, and books about the math of REI. My next step will be putting it into practice... But one topic still seems unclear to me - how to structure a deal?

For 3 investors, with this being their first investment outside of 401k and first property, here's my question - What are some deal structures that have worked for you (BP-nation) in the past that I could learn from?

Other questions on my mind:

- what protective provisions are considered a good standard for any business deal (i.e. no profit sharing until a 3 month reserve is built)?

- what is a baseline on minimum reasonable leverage rate to protect again liabilities.