Advice on finding the right real estate partner

[Keenan Fitzpatrick]

I've found some info here and there in podcasts and a little in a book or two but I'm looking more for a workbook maybe on how to evaluate them, set them up, find balance and weigh advantages and disadvantages. 

I have a potential partner and we're on the same page as far as finding a win-win. 

My role is as a licensee, wholesaler, and structuring creative financing. I'm bringing deal flow, leverage in creative financing options, and possibly some funding. Currently, I don't have much liquid to offer but will soon. My goal is to do more deals with less time involved. Last weekend I was painting the outside of my current 4plex flip/house hack at midnight... cuz it's AK and still light here at night. I don't want to carry that time commitment or mental weight that takes me away from more productive things. 

My partner is an experienced flipper and has a good amount of funding liquid. He wants deal flow, someone who knows how to structure creative financing (that's very hard to find in our market but I know how and, equally important, I know how to get them closed), and an equal monetary contribution. 

We both have the same goal as far as using flip profits to roll into multi-family purchases and pay down debt keep cashflow up and stay safe with lots of reserves. 

Neither of us want to do property management. Too much risk and time. We can do that for a short time though. 

Some questions we are both asking each other are:

If we do a flip together then we both make less than doing them independently. How do we make that a win? Is it our common goal of investing long term that makes it worthwhile? My time is leveraged but I can also use a general contractor and get my own funding. He has money and funding and would be doing/overseeing the work either way.

If his skills as a contractor and my real estate skills offset each other, does it make sense to contribute the same amount financially? 

What kind of business structures do we need to implement? 

Can we potentially get more financing together? 

I realize that there may not be black and white answers for these and it may depend entirely on us. Just trying to start the convo and let you know where we are at. 

I hope this is a good start to the discussion and I'd like to say thanks in advance for any help anyone offers, books or podcasts or websites they recommend or any advice at all. Thank you!