I found that there was nothing to be afraid of, with some education and support it is rather simple.

First and Foremost, I want to thank everyone for their help in this long and educational process. 

Your well honed skills in virtually are areas of REI will be an asset to all.We look forward to two way exchanges, educational and thought provoking ideas relevant to REI.Happy investing and good luck in your JV partnership search.

I know that I do not have a lot of information here to make the most educated analysis but I am looking for ideas on how to structure the offer. 

I am an ambitious newcomer ready to learn, listen, grow and educate myself in this intricate world of real estate investing.

Hey Nicholas, I found biggerpockets when I was 19 and spend a long time educating myself so that I would act on a deal when I found one.

(I'm actually asking)  Here's my take: -Lawyers are good advisors as they will raise some 'angles' that you or I might not have thought of-A Gold Rule: "Everything is negotiable", and it would be prudent to ask your investors what their expectations are. 

Get yourself thoroughly educated and informed for what you want to do and then just be yourself.

I will ask an attorney on Monday but was hoping for some feedback/education before I talk to the attorney.

Plusses and minuses for investing purposes, which are debated many places on BP.Future oriented recommendation: After you get your license and get to the point of needing continuing education credits each year, I recommend doing an online Bing/Google search for online real estate broker continuing education credit courses, and you'll find a bunch.