They receive tokens that represent what their percentage of the project is, but their equity is 100% dependent on the crypto market. 

The list of restrictions for each includes front, side, and rear yard setbacks, limits on the percentage of the lot that can be covered by the building, required parking, etc.If you want to put a duplex in a single family area, you may be able to do so - but first you'll need to get the property rezoned to permit that use.

The problems I see are:Rent is a low percentage of the house value, so not optimal use of this equity/capital.Property taxes are high due to the higher house valueMy costs would be a baseline of $2700+800 = $3500 plus maintenance, unoccupancy, etc. so basically breaking even cash flow for 12 yearsIf/when we sell it, we'll owe capital gains tax since we wouldn't have a "new" house to 1031 into.

Typically 60% is quite a high percentage considering you have not yet built a partnership track record despite the success you have had individually.

A common max percentage is 2% of the purchase price.

Most of the properties go for about half a percentage.

A property profile has at least four components.Location - The locations where significant percentages of the tenant segment you decided to target are renting today.Property type - The type of properties they rent today.

OR is it this number multiplied by a percentage?

I see this happening over and over and over in my area, and the percentage of STR's VS total housing units recently dropped from 21% to 16%.

Look at setting up goals and a budget, like a percentage to invest in stock, saving to purchase another property, money for repairs, etc., as well as allocating money for food, utilities, etc.