How to structure a JV on a Buy and Hold or Cash Flow property?

[Ashley Abramson]

Hello everyone! I am curious if someone can help me understand this better. I did a ton of training in fix and flip and understand that very well. I am wondering how you can do a JV on a buy and hold/cashflow property? Obviously when flipping, the JV is useful for funding the rehab and holding costs, then giving them an ROI on their money. But again, curious how you could partner with another investor on a buy and hold? How do both parties benefit, how do you structure that?