Terms when working with BP local partners?

[Christopher Laws]

One of the interesting aspects of the recent BP podcast on investing out-of-state with @Mehran Kamari was his partnership with @Dawn Anastasi in Milwaukee. I was wondering, how have other folks found, vetted, and structured similar kinds of partnerships through BP with a remote investor and on the ground management? How do you divide labor? How do you divide the investments and compensation? What about the legal structure?

I am starting to look into remote investing in Atlanta, GA; Columbus, OH; Cleveland, OH; and Jacksonville, FL so I'd be particularly interested to hear of any success stories in those locations.