I would suggest consider the framework for what you want to do and find a (relatively) inexpensive business lawyer that can draw up a template contract that you can use for these investors.

But I have a suggested framework for a place to start: Be.

The Federal statute allows this to fall under Federal District Court jurisdiction, so punitive damages are set by the same framework.

I think that Scott Trench's book Set for Life has a good framework and they always focus on the four levers you can control in your personal finances.

Not ranting, just giving you a professional push to hire an attorney to give you the framework that fits your situation.  

For a community like this, including lots of people who hope to collaborate, GTY provides a valuable framework. 

I'm just forming the framework of my investment business, and I'd love to hear what your experience has been so far.

Option #2 of looking to move to PDX and invest in a property there in the next year is more nebulous at this point due to lacking a financial framework, but it's definitive that we'll have more time and energy to work on renovating whatever property we purchase before a baby is in the picture.

Are you aware of DC's TOPA framework?

I thought it did a good job of laying out the basic framework of apartment investing, but it is heavily focused on value-add repositioning.