Whether you've lent money for an individual project, or you've invested in some sort of fund / group, I'd like to hear about your experience! 

Your risk vs. reward is way off balance there. 

So, in theory one could get a 2:1 leverage, earning the rewards on $2 for every $1 capital spent out of pocket.     

NET 30), etc. and you can use this project-specific agreement as an addendum for individual jobs.Final Tip: Treat the contract as a transparent, collaborative tool to set expectations, not as a "gotcha" document.

If he didn't want it or can't afford it, I would have reward him with 60 days time to find another place, then find a new tenant that can pay what it is worth….  

When an individual landlord prices their rental, they do based on what the other ones in the neighborhood have rented for. 

We would like to have more individuals that we deal with directly. 

You cannot blindly message individuals on BP advertising services.

I want to make sure that both of us feel like the deal is fair and equitable for the risks and rewards involved.Any guidance on how to approach these key questions would be greatly appreciated!

The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances.