Partnership - What is risk worth?

[James Watts]

I'm trying to structure a deal with a partner who will not be involved in anyway. They have money, I have time(and some money that I prefer to save for cash reserves or other investments). Is it fair to ask them to put down the entire down payment and closing costs and then I pay them back at the rate of what the property management would cost for whatever amount of time that takes? Is there a more common or efficient way to go about deals like this? Any ideas or suggestions are very appreciated. Thank you.