The click on / locking type seems like what most investors use, but repairs seem difficult without having to re-do a large area. 

For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.

And he's just so young - who among us was wise at 20?

Does anyone have or know where to find a reliable basic purchase agreement when the price has been established?

I've been looking in deal finder for properties and noticed to multi families aren't showing up in map view, but when I search them by address the listing appears.

The reason I know this is because my first duplex was a complete gut, I had no clue what I was doing I just believed in the end result and trusted the people I was connected with locally.  

They may just agree to cover them, especially if Landlord offers to eat the appliance costs if they cover the utilities.If that doesn't work and it is an issue for the tenants, I wouldn't do it.

@Mike Most this is one of the few times we disagree with @Adam Bartomeo:)It really depends on the specific market the property is in.

Profit split (20–50% if the deal does well).

Spend $50 and read the to; three books about real estate syndication.