Partnership structure scenarios

[Bradley Snyder]

Hello. I am just starting out and looking for partners. Can any one recommend a proper equity split in the below scenarios:

Scenario 1:

Partner 1 is a season real estate investor that has done several flips, BRRRRs, and owns several multifamily homes. He approached partner 2, a eager to learn newbie, to invest in a potential out of state flip with him. He tells him the numbers are: purchase of $10K with rehab of $20-25K and ARV around $70-$80K. Partner 1 is seeking a $35K investment from partner 2 with a ROI of 15% in 4 months. Is this a fair deal for partner 2?

Scenario 2:

Partner 1 is an out of state newbie investor that is eager to get started. He has found Partner 2 , also a motivated newbie, in the market Partner 1 see potential for flipping. Partner 1 has enough money for a HML, good credit and a full time job. Partner 2 does not have any capital to invest but is familiar with market, boots on the ground, and has a project management background. They work together and found a home to flip with a potential $30K net profit. Partner 1 has taken all of the financial risk has the HML all in his own name. Partner 2, has met with agent, the contractor, and will be ensuring the project is on track. What would be a reasonable partner ship?

Please feel free to ping me with questions or things I might of not considered. I can't wait to see where this discussion goes.