They can also range from the simple (like a straight 50/50 split) to the complex (a preferred return with several waterfall hurdles and other oddball provisions).For typical Multifamily value-add offerings terms should be somewhere similar to the one we typically use:8% preferred return (investor gets 100% until reaching the 8%) then70% of the profits until reaching a 12% return, then60% of the profits until reaching a 15% return, then50% of the profits thereafterThese can slide around somewhat, with slightly higher or lower preferred return, and/or the % profit splits might vary (such as 10% higher or lower than above) or the hurdle rates can vary. 

And then from F% to G% is obviously in the severe diminishing returns range.

I have done this with several properties and haven't had an issues using this method. 

I have actually done this several times in the past and it has worked great for me.

The houses will be new so minimal maintenance/repairs for several years.

Your payments will not change on one property, but will disappear on several others. 

However, based on what I heard from several of my real estate attorney friends, there're no benefits of Nevada corporations over a Texas LLC, in most cases.

Hello @Duane Smith I was previously licensed Series 7 & 66, Life & Health so you have a great background in terms of knowing what is required.

She had several cans throughout the house as well, as if she had plans to paint even more. 

I do have several remote pros here on BP I'd recommend