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In this tutorial, Micros Art discusses structuring a joint venture partnership. He emphasizes that the structure of each joint venture varies based on the specific deal and return on investment. The key components include identifying the deal's overall value and how to split it among partners. He presents a high-level scenario involving a turnkey property, citing that the deal might be considered 10% valuable based on its potential. He explains that management typically accounts for about 10% of the deal's worth but highlights that financing can represent a significant portion, around 80%. This framework illustrates how diverse factors influence joint venture arrangements.