There are other professionals who can help here but these would be my go-to people.You can jump on legal zoom and create an LLC for a fraction of what an attorney or accountant would charge but I don't necessarily recommend that here.

If your F&F are providing the "Debt" position, simply have a RE Attorney draft up a fractional Mortgage and Note, then have title record the mortgage. 

Maybe fractionally.

I'm doing numbers that folks are doing in traditional vaca markets but at the fraction of the cost for the house.

I work as a fractional CFO for real estate investors at SimpleCFO, the company founded by David Richter, the author of Profit First For Real Estate Investors.

Downtown Providence seems mixed and, just like in your case, the acquisition cost was a fraction of the total investment required for a fairly thin return.

They are sold for a fraction of what the sticks and stones are worth they are built of.

I can buy a nice property in a trendy desirable neighborhood for a fraction of what it would cost in the Bay Area. 

I'm a huge believer in this community and how it can change your life.I thought I was going to learn how to buy real estate with creative finance, but that was only a fraction of the insane benefits I've gotten out of being a part of this community.

However, I don't see a downside of putting one down, since it will only be a fraction of the cost of the whole project.