Dutch does the same for his own family members.

I wanted to get advice on how a deal like this can be structure and what are some of the conventions and best practices for other single family syndication deals.

If the property qualifies as an active trade or business, income may still be classified as non-passive under CA law, but this remains a gray area requiring strong material participation documentation.This post does not create a CPA-Client relationship.

I am looking to get multi-family apartments and commercial retail in my local area.

Real Estate Professional-as long as you are documenting and logging material participation organized and accurately, you would qualify for some sweet tax benefits.

Hello! I am new to Bigger Pockets and to real estate investing. I am currently in the phase of acquiring knowledge to improve our odds/outcomes for our next purchase. Hopefully looking to buy again in the Spring of 20...

The higher splits go directly to the participating investors, we don't take any cut.

Read books, participate in forums, listen to the podcast every chance you get. 

If you understand this is buy and hold and you have a long term vision multi family can be absolutely life changing. 

I'm also an agent with Kelly Right Real Estate.I'm on the board of the Northern Utah REIA, and co-host the Utah Real Estate Exchange (UREX) meetups twice a month, and actively participate in other exchanges around the country.