Looking for advice on structuring a partnership

[Lane Koehn]

Hi guys! So I work with a couple of investors and we have bought and rehabbed several smaller multi family apartments that we currently manage. We are joining forces with a money partner who is in the medical field who is going to use his connections to raise money for some deals in the future. We will be using his personal capital along with our own for the first deal but after that be using raised money. We are going to structure our business right with a lawyer, cpa, ect. My question is this; those of you that have done something like this how did you structure your partnership for a smooth simple operation? Any input would be appreciated! Thanks!