Partnership questions for out of state investor
I have a partnership question for you all. My partner and I are just starting out. We have decided to invest in the Kansas City area because he lives there and it meets our investment criteria. I live in LA. I was initially thinking of looking into turnkey properties because I didn't want him to have to take on an unfair amount of work. However after looking around we felt like buying distressed and rehabbing would be optimal. Since he lives there it seems like he will need to take on much more of the responsibility. Do you all have any suggestions on how make it fair?
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Agree with @Jaysen Medhurst