Need advice how to structure a partnership

[Berish Edelman]

Hey y'all!

I've got a friend who is interested in putting some money into real estate, buying a small house somewhere local. He wants to be a completely silent partner, I'll do all the work, and just report back to him every now and then. I wouldn't be putting any money into the deal, just the time and know-how (such as it is).

Complicating the issue is he has a brother who is potentially interested in kicking in money as well to make a deal work.

So how do I structure this? Open an LLC with all of us as members? Have the LLC take ownership of whatever we buy?

Is there a book out there that covers the options?

Thanks!