Dont freak out keep calm and use common sense and use the tools that given to you models,comparables etc. to justify your asking price.

Calm yourself first with prayers, discard the thoughts of others, and know that you are equipped for this journey.

Account ClosedPerhaps an LLC taxed as a partnership with a waterfall allocation and distribution schedule.What exactly is your partner bringing to the table if you're providing 100% of the initial capitalization and arranging financing?

Knowledge or sweat equity is shown in your waterfall.

I’m eager to get started and it’s people like you that really help calm the nerves and think clearly.

The plumber grins, puts his hand on the doctors shoulder, and calmly says:"When I was a dentist I used to say the same thing"😀

I could give two hoots about state law, there are 50 states, none are exactly alike, so throwing out state requirements is like shooting a water pistol over a waterfall.

Just Google syndication waterfall and you'll have a better understanding of how deals work.

Everyone around me was surprised about my being so calm because I usually have a short fuse and words and fists go flying.

Some people lack "Good Manners" and respond aggressively when they don't get what they want.A percentage of people seem to fall into this category, going from calm to incredibly aggressive in the blink of an eye.And it's not only renters who do this--I watched a property manager at an apartment complex I was visiting (checking it out) get into a total screaming match with  very very large--very very aggressive man over a late fee...total meltdown on both their parts...She was one brave lady--I wasn't getting out of the car and kept my distance...Just my 2 cents.