Limited Partners are passive investors and receive benefits from the investment in the form of distributions or when the project sells they get a cut of the profits, provided there are profits or even both distributions and a cut of the profits at the end. 

My kid's adopted grandmother (yes there is a "cute" story to that) needs to sell her house in Decatur AL. 1510 Southhampton Ct SE, Decatur AL, 35601.Currently with a rookie agent who did a poor job handling the house.

So if you qualified for a homeowner exemption but weren't getting the benefit of that, they would make sure that exemption is applied so you would receive a refund & they would take a cut of that.

So they agree to give you money in exchange for either 1) a cut of the profits or 2) (perhaps) to pay the money back as a loan.For 1)- How do you decide how the profits should be split?

A wholesaler will find a seller whose property is yet to go on the market and then find a buyer and take a cut of the selling price.

Either hire a service that places the machines and gives you a cut, or buy machines that operate with card or an app.I'm not a fan of either and doubt you'll make much money - if any - after covering expenses.

In today’s rising-rate environment, builders are acutely aware of the slack developing in the demand for new homes, and they are slowing construction accordingly.

What you get might be an interest income and it is reported on 1099-INT.If the passive investors were expecting a cut of the gain on sale,  refi, and/or cashflow, then they do own the partnership interest.

A wholesaler will find a seller whose property is yet to go on the market and then find a buyer and take a cut of the selling price.

this is a cute post.