(of course something up front and the rest after closing if you get the projected net profit)Also ask his advice on how much he could do or put up to get a 50/50 split!

@John Chapman @Jenkins Ramon Thanks guys@Andrew Tuquilar While I have the skill-set to do everything except electrical, I tend sub everything out as I'm rocking my full time gig and this is more evenings and weekend fun for me.  

I will tell you that my partners and I split everything 3 ways. 

We would split the profits on a percentage TBD after all the purchase related expenses are subtracted.  

I really like the business diversification of Little Rock, and that is probably in the three year plan.

A better way to split this up is to look at tax assessor data.  

Maybe split the profits 50/50. 

@Krystal Richardson If you are sending out numerous letters to numerous leads, instead of splitting hairs on this detail, the most important factor is to get the letters out and get the ball rolling so that you aren't holding up the process for the relatively small detail, splitting hairs so to speak.I am always interested to see how the probate play works out.

You can manage units, split payments, activate ACH, market the property and syndicate, and many other features.

@robert @Robert Loiselle after you get the 3-unit you could do a joint venture with another investor and split the costs and profits.