How to compensate private lender....

[Nicole Clemens]

Hello there, I am newer to real estate investing. I've done a few flips and have a few rental properties, but am really interested in learning more about partnerships and how each person involved in the transaction is fairly compensated. I currently have a friend (of a friend) looking to invest a few bucks and would like me to find the property (most likely buy and hold) and do all the work/managing of the property while she provides the money. My question is: Which options should I give her for compensation on her end? Do I want to make her a percentage partner? If so, half? Pay her a fee? If so, how much? Give HER the option? Who's name goes on the deed? Etc.

Sorry. Im sure this has been asked before and I have been digging to find the answers, just havent come up with them yet.

Thanks in advance for your help!