Need some advice on the best way to structure this deal that's fair and beneficial for a 3 person LLC/partnership agreement. 

I did all of mine several months ago as they are single member LLC;s and I already have to go through fingerprinting, background checks for my NMLS license as well as audited financials for our fund.

Brian Ruland, B Real Properties, LLC.

If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports. 

Quote from @Sufyan Ahmed: Also, should I buy a property using an entity like LLC, INC. or should I buy it in my name?

We were surprised that Kiavi never thought to call the vendor of their software, or a database technician, to fix this.We provided the requested copy of our LLC articles of organization.

I have a pretty straight forward return with a W-2 and a K-1 from an LLC. 

We were surprised that Kiavi never thought to call the vendor of their software, or a database technician, to fix this.We provided the requested copy of our LLC articles of organization.

No problem with borrower, business LLC, and the location of the property.

While formerly the limited partnership organizational structure was used, its now mostly an LLC structure being utilized.