Anyway, I will have lots of questions later to run by the experience here on BP but for now, I was wondering if anyone can briefly explain how a typical investor relationship would be structured (how do I entice an investor & what do I offer) and what trait do I need to consult to capture that structure; attorney, accountant, etc.?

We like houses with structural issues and old homes with lots of character pique our interest as well.

Additionally, I like using 1% of purchase price as a general rule for buy/holds in the Nashville market.Rent = $1300- PITI $850- PM $130- 5% cap reserve $65- 5% vac reserve $65= $190 cash flowHow I structured the deal:This is the tricky part and being the first subject to deal I’ve ever done, I hired an attorney.

How should I structure this?  

I have joined BiggerPockets to share my commitment and expertise with the BiggerPockets community by offering professional guidance and advice in areas including real estate deals and transactions, business development, and project management strategies to improve outcomes, budget management and customer solutions.As someone who has personally experienced, solved problems and developed projects in the areas of real estate development involving engineering, architecture, construction I welcome conversations in these areas as well as those below: Areas of interest include: pro forma development, technical due diligence, strategy and company growth; development, deals and transactions; portfolio development & management; leasing; construction, engineering and architecture in project design and technical operations.Real Estate, Construction and A/E, project manager, Real Estate Investor with more than twenty years of integrating business, engineering , architectural expertise and real estate development, construction management experience in designing, managing and investing in more than $126.5 million of commercial and multi-family properties and over $100 million in private and municipal projects encompassing design/build, structural, electrical, mechanical/civil engineering and architectural services, construction management, real estate investments, due diligence, pro forma development and financing.

Sure, there are unsophisticated investors who will bite at such comp structures, but I can do deals all day long w/o those fees, and have seen a direct correlation between lead greediness and their difficulty in fully subscribing their private placements.

I found a fairly interesting way to structure my first deal and I am wondering what you think of it.I have under contract 60Linden street Pawtucket RI  MLS1123800.It was a forclosure listed at 169,000. 

.- Next major item is structural which can have significant cost to repair.

If it wasn't clear before, not all retirement accounts are created equally, they are all structured differently so you'll want to make sure of what your specific account can and cannot do.

Any recommendation on how to structure this would be greatly appreciated.