@Kyle Westerman I think you're wise to wait and see where this goes.

Equity split - This is more of a straightforward partnership where profits are divided based on the initial capital invested.

@Bernardo Bento where can i find what is included in the rehabilitation zone? 

the guy told me they are a sister company of another big firm (forgot the name)  that they wanted to appeal to this new generations  the terms sound very interesting,, where do you think we can fing more info on them?

I really want to do local meetups and interact with more advanced investors but don’t know where to start.

And I much prefer a group where the members are also getting rich (not just the organizer).I am not paid by Brad!

I'm curious about this particular scenario because I'm imagining it as a way where all 3 parties (in this case) can get something out of the deal.

Check out FilePlace, where user-created forms are available for free.

New to real estate investing and would love to learn where to go for the best resources in how to get started.

Your argument would suggest that if I bring home $2k/month in cash flow from a rental property in LA (where I live), that's a good deal, even though I probably had to put $2M cash into it initially.