Partner with a Contractor?

[Rob Shipley]

Looking to partner with a good friend of mine who is a GC in the area. I have my real estate license and find the deals where he obviously knows the construction side of things. What is the best way to go about this partnership??? I am wanting to use the BRRR strategy of buying low rehab, rent, refinance. Then hold the property. I have heard some partners say they will literally switch out properties... one partner gets one then the next deal is given to the other partner etc. Not sure what is the best way to structure the partnership... any advice would definitely help!!! Thanks