Please advise if I can do something else to structure it better? 

Ideally you can find a place that is structurally sound but needs some cosmetic fixes that you can handle gradually over time to increase the value of the property and monthly rents.

I mean that in a nice way and only ask because too often I feel like we (myself) included put the cart before the horse with regards to opening LLCs, getting business cards, etc.Also, I think entity structure might be somewhat location-dependent. 

It's all in your negotiation and your deal structure.

Speak with an attorney or CPA about the best way to structure the partnership.

Average wholesale fee in Vegas is going to be about $2-$7k if you structure it right. 

I live for creative deal structuring and almost never use my own money to fund deals.

Only issue was that the town couldn't inspect footings and made them hire engineers to stamp on the structure and say it was safe.

Looking for information regarding how to best structure partnerships where one owner brings more capital than the other partner.

If you buy a property that is currently in service or has been in the last 10 years you have to improve it with an amount equal to the value of the structure so unless it’s a major rehab or ground up the property you can read about that here https://www.google.com/amp/s/w...