Trying to figure out a partnership

[James Myers]

To partner or not to partner

Me:

Two homes one paid off and the other leveraged.  Need capital to buy more homes

Possible Partner:

No homes but a good amount of money and wants to get into buy and hold.  He will be retiring within the next 8 years and wants a good passive income.

What would a partnership look like and what is the best way to go about setting this up?