The investor interest isn't aligned as well because the goal is to make the upfront FEES with velocity and little motivation to drive back end equity growth.This is why on a completely stabilized property for me it would have to be almost tens of millions in price to throw off enough cash flow split between me as the sponsor and the passive investors after the 7 to 8% pref paid out to be worth my time.I have a current minimum of 100k investment per passive investor.

While TREC provides Sales Contracts and addenda, they do not promulgate a Lease Agreement.  

Minimum 25-30% down should be your target.

I guess on the lease agreement we should add this just to make things clear on who is responsible when something like this comes up between us and the tenants.

It's a goal that never ends, unlike having a set $ # goal.It treats increasing assets & decreasing debts more equally & it's not overly aggressive which could encourage over leveraging & return chasing.I know hitting this goal at a minimum, when dealing with large numbers, over 20-30-40 years will get me well past a defined/limited FI number needed for "standard" retirement. 

You can lay out details in operating agreement.

Typically I'd want to know what you and your dad's agreement for the whole life cycle of the property looks like, particularly how the rental cash flow is split and how the gains on sale will be divvied up. 

My lease wording: Rent shall start on Date and continue to Date after which time this Lease Agreement will become a month to month agreement unless this Lease Agreement is renewed for a specified period of time.I've read multiple forum posts on BP and there seems to be a few common options:1.

(filing with state, operating agreement created by attorney, and initial funding of business account.For a first purchase, this worked out wonderfully!

You should know what these minimum numbers are for you.