How Do You Create Your Partnership?

[Jeremy H Barton]

Hey investors. I was curious how those of you that work with partners clearly define the roles and benefits within your entity. I am looking to partner with a close friend of mine (we've worked together many times before with both of us in various roles) to primarily do rehabs for LTR and/or resale. He is a contractor by trade and I am the sales and numbers guy to loosely define us. How would you recommend, or what resources would you refer for us to properly figure out how we spend our time and appropriately get compensated for it? What do some of your partnerships look like? Thanks.