Opinion: Is this a bad deal? Would an investor be interested?

[Nicholas Catchur]

I do not have a lot of cash but I do know a lot of people that do and other investors out there but I would like to partner on some deals with those people.. My family owns a mortgage brokerage company. I am an LO and a real estate agent. My proposition would be to partner on a property deal. I would run the mortgage for free at 0% origination charges (getting us the best below market interest rate available). The investor would front the down payment, we would hold title as tenants in common as I would be on the mortgage as well. Therefore, holding 50/50 ownership, I would be responsible for finding tenants, constructing lease agreements, receiving payments, handling any issues that arise, and going forward we would split any costs above say $500. Am I putting enough sweat equity in to compensate for the lack of monetary contribution upfront or is that a fair partnership? Thanks in advance.