Hey Steven - An LLC is a solid choice for structuring your partnership since it offers liability protection and keeps things clean when splitting ownership and profits.

@Nate McCarthyProfit Splits and Contributions:Dividing profits proportionally to investment (2:1:1) is common, but you could also account for sweat equity if one party is doing more work.

First, I’m not really seeing enough cushion in certain popular areas for investors to realistically hit a 30% profit margin.

What you'll find is that the better sponsors are likely to have a lower return to LPs because they present less risk and are rightfully keeping more of the profits for themselves. 

How much profit at the end do you expect to realize and what time frame do you project to receive it?

@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

Stay tuned for our next blog on tenant retention strategies for long-term profitability!

For flips, ensure the profit margin after all costs is at least 20%-25%.

And what I mean is the business is not profitable until you add at lease 100 doors.  

It outlines profit and losses from rental real estate.