Partnering up with handyman

[Spencer R.]

Hi all, 

I’ve formed a good relationship with my handyman and was thinking I want to partner up with him on a forward basis. He knows all about building/repairs etc (which I’m really bad at) and I can run the rest of the operations. 

The problem is he doesn’t have good credit/financial position so I’m trying to think of a structure to overcome that. I want him to be able to build equity in the property too so our incentives are in the same place. 

Has anyone had experience with this and how did it work? I’m open to really any and all ideas.