Structuring Deals With Investors

[Niaja Farve]

Hi Newbie here, 

I have a few people that are interested in investing in real estate. I would like to structure things so that these investors supply the money and I do all of the back work (finding the homes, getting them fixed up and managing the rental process with a rental company). I would basically just send them a check each month with their cut. How do you structure such deals? Do I start an LLC with the investors? Or can I start my own LLC and then sign something with the investors saying they are part owners of the property? I know you can't provide legal advice, but trying to get a sense of what are some common approaches.