Seeking advice on How to structure an RE partnership??

[Tyson E Keslar]

I am a remodeling contractor and have a long time friend/acquaintance with significant resources and capital. We are considering a partnership where he provides funding and I will manage the projects. Our focus will be long term buy and hold multi family units. We are trying to put together a business plan that works for the both of us. Looking for advice and recommendations on how to go about structuring such a relationship?