Hello,My realtor has come across an investment opportunity that they would like to partner with me on. (50/50)The property is pre-construction and as of right now we are having to deposit earnest money with delivery being expected about a year out.I was hoping to get some advice from the community as to how I should structure this partnership legally.

So this is what I have... a 3 bedroom 1 bathroom home with a 2 car garage, fenced in yard, less than a block from the grade school (great neighborhood, small town).

Are you happy with the current compensation structure?

The long term business behind it is property management after we purchase the rental, put tenants in, and sold it to our investors.We think it makes sense to establish an entity to operate this on but we are not certain how best to structure it. 

How do I find out an ARV or market value, because the regular channels for comps are not going to accommodate this type of structure.

I'm trying to put my personal preferences aside.Full bathroomHalf bathroom

I've never done this type of deal with someone before so I'm curious in how it would be structured. 

I have had a few interesting conversations with 2-3 people in my circle of influence that want to participate in REI, specifically my recent success, but they are both gun-shy in committing to any specific "complex" real estate deal, and have sub-$5,000 amounts they are wanting to commit.Without getting too much into the minutia of their mindsets and arguments, it is important to note that they are willing to give a much smaller amount of money for advertising and, in return, are expecting a faster, albeit, higher risk return through wholesale deals obtained during that time frame.My actual question for you is: have you ever structured any kind of private funding "deal" that officially goes towards your marketing in exchange for a piece of the net profits for (insert time period)?

Commercial loan for 80% of value.Rent $1050/monthThe policy choices: Cost Policy A $726 annually Policy B $1,008 annually Coverage: dwelling $113,296 $352,300 Other Structures $2,000 $35,230 Personal Property $1,500 $3,000 Loss of Rents $22,659 $35,230 Landlord Liability $100,000 $500,000 Medical Payments $500 $5,000 Deductible $500 $1,000

Here's a small excerpt from my 10 page lease... 1.CLEANING:Tenant(s) is responsible for cleaning all areas of the Premises, including but not limited to; living room, dining room, kitchen, hallways, laundry room, bedrooms, closets, bathrooms, outdoor walkways, and parking spaces.