You still have interest deductions, you have inflation which also contributes to debt destruction, you have limited risk reduction from lawsuits through encumbrance. 

Make sense, I have not had someone commit less then 100k, but was recently approached by a friend asking if I would consider a 20K investment so was to good to hear your opinion on the equity contribution.

Each of our investors is provided an account to login, allowing them to view projects they have previously contributed to and view future Rev Projects investment opportunities. 3.

You can just do an LLC with 2 members where 1 has the 'capital contribution' (and presumably the note in his name). 

The family member who agreed to lend me the rehab money and purchase money lives across the country and will be only be contributing financially.Is there a better agreement that will work better in my favor, considering I have done and will continue to do all the sweat equity?

@Rachel C.This "unfortunate millennials" who have been unable to make home ownership a reality, have no put in a valiant effort due to their preconceived notion that it wasn't possible.

If there’s ever a more significant expense, I can always contribute money back into the account to pay for it.

Agents, lenders, contractors, and other investors I look forward to speaking with you and any contribution or insight will be much appreciated. 

Start the draft yourselves: what each person is contributing to the enterprise, whether money or responsibilities, and how the income comes and goes.

Thank you in advance for your contributions!