I have found many fair use vs copyright infringement articles on the internet, but I’m looking for some real world experience.

The basic premise of multifamily is so simple, and it is one of the oldest businesses in the world! 

With the way the world is going I want to lock into a 30 year interest rate if I can.

Easily achieved in the transactional real estate world  IE doing deals.. 

Hello BiggerPockets World,I recently put an offer in on a duplex "as is" to make the offer stronger and it was accepted!

Being in the property management world I have noticed a boom going on in Morgantown WV.

In an ideal world, the property would have been used as triplex for decades and would fall under a "non-conforming use," which is the technical way of saying it's grandfathered in.

Unfortunately these articles are lacking real world examples of how the fees can transition into equity, or simply true examples of GP vs LP deal specifics.The articles speak to the 70/30 or 80/20 split of the cash flow after the 8% preferred but I'm more interested in how equity is split between GP and LP from the onsetMight anyone be able to share a few examples of how you have structured acquisition fees and management fees and equity through non tradition contribution?

I knew he was a working stiff just like me trying to make his way in the world. 

Welcome to the REI world.