There were half a dozen GPs on this deal and I should have asked more questions about their roles and real estate experience.

Either be active in management or hire a reputable PM who can satisfy this role.

I thought maybe I could play a role by making a nice, comfortable place to live.

As Harry came to dominate a large segment of the NYC real property market, this became a serious costly mistake for those who Harry thought had not acted ethically. 

Consider roles like property management, real estate brokerage, or project management at a development firm to build up more industry experience.

There is a role for government and investors here.

Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”

Strategic marketing efforts also played a key role in presenting the property to potential buyers, leading to a same-day sale at $216,000.

For example, the investor might fund 100% of the deal and take 50% of the profits, or you might structure a different ratio depending on your role and experience.In either case, make sure you have everything documented in a clear contract, outlining how funds will be used, how and when profits will be distributed, and what happens if the project doesn’t go as planned.

Specifically, more on your partnership and the roles played, the funding (saw in your original post you were exploring options), and how you are managing the properties.