It is somewhat complex to try to explain on a forum, but at a high level, you (aka GP) and your family member (aka LP) would agree on how much the 2 of you would put in for the amount of equity needed (usually expressed as a %).

You need to know what things cost.

Once you have property it makes it so much easier to bring in investors and partners.

It needed a rehab, and I just couldn't afford it. 

Hi Giovanni, let me know if you need help in the Atlanta, GA area.

The right rate rents it—no need to overthink gimmicks or incentives.Virtual staging is the way to go.

They will tell you exactly what is needed, so there's no confusion.

Thanks so much! 

With property insurers’ profitability and trade combined ratios improving, we can expect some relief soon.

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.