Methods to Finding Partners?

[Julian Maso]

I was just curious as to what the best method to find a viable partner, lets say.... across the country. Unfortunately, i live in a sort of slummy area where prices of houses do not match the socioeconomic status of the city (at least the part that i live in). I live in Waco, Texas by the way. From Dallas originally, so i would definitely be open to doing a long distance investment partnership and hire out management companies for the monthly updates on the status of my property. Also, this would diminish the amount of time that i have to spend traveling to wherever the property is (ideally).

I have a full time job and a decent amount of responsibilities here where i live every week, so i naturally gravitated toward seeking a partnership with someone. My only issue is that i am hesitant to do so in fear that everyone will laugh in my face. Im 22, ambitious, and believe i am passionate about learning while excelling on my real estate investment journey, but it seems like that will not be enough for some people.

I know that BiggerPockets is a great place to connect, and i have seen that already. I guess my main curiosities lie in how a partnership "plays out"? For example, what percent of money from either side of the partnership is put in, and how does that translate to split of prophets if the work load between the two are different? To supplement this question, what if you are partnering with someone who has more capital/resources/expertise/real estate skills than you, what would make them want to partner with me? I assume it would always be dependent to the individual deal that you agree upon, but is there a general structure that people tend to follow or already know when engaging in these types of investment partnerships? Any comments and suggestions are welcome, I'm here to learn!

-Julian