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?

*Is there any other ownership structure that makes sense?

Math, Psychology, English, Law, Physics (as it applies to such things as structures, etc.)As a boost to general life skills add logic and history.

Purchase price: $165,000 Cash invested: $40,000 Sale price: $273,000 Purchased off-market property and completed a renovation to include the following: minor structural repairs, minor changes to floor plan, complete interior painting and floor refinishing, gut and redo kitchen, various landscaping improvements, deck repairs, all new hardware and light fixtures.

Speak with an attorney and tax professional on how to structure this legally. 

The building was just inspected by a very credible engineer out of Columbus, Ohio and it was determined that the building is still structurally sound. 

Many are homes and detached structures that have been converted from one single family home to multiple units. 

However over the years the IRS has been very suspicious of such arrangements because of the opportunity for friendly parties to structure sales prices to shift the basis to benefit the exchangor. 

How can I structure this deal with the seller ?

Moving forward, one way I structure my payment with clients is I get paid at the end of the week for the work completed.