Working on scaling. need advice

[Jake Smith]

Hello all! I'm new real estate investor in the south east GA area. I came from a family of real estate investors and grew up around the business. At its peak, my family owned a couple hundred properties, and in high school, I helped manage a significant portion of them. But this is my first venture into buying them myself. Unfortunately, all of those family members have passed away and sold the properties before I got interested into investing myself (wish I would have asked more questions). Having said that. I have an LLC that currently owns four properties. I have been using the BRRRR method for these properties and it is working out very well. (Thanks BP) The first four deals I partnered up with a good friend to help split the down payment / reno cost. I find and analyze the deals, negotiate with the realtor, (Testing for my real estate agent license in the next couple weeks), find lending, hire the contractors, manage the properties, and fix maintenance issues as well. My partner has other business ventures and is hands off with our company. We currently had a 50/50 profit split and our LLC pays me 10% to manage. (I'm paying myself 5% if you think about it.)

I have a solid lead on 10 great value added single family homes in the area that I am hot on the trail to get under contract. As a package deal I'm looking at around a $650,000 purchase price and $1,270,280 ARV. its looking like I will have to raise about $180,000 cash in for the deal (I can cover renovation expenses from proceeds of the first four deals). Since I only like to have a max of four properties per LLC, I am working on opening up three more LLC's.

So, question is. Should I bring my partner in at the same 50/50 for the next deal seeing that I do all of the leg work?

What would you do.