Equity share of a passive partner

[Ken Sellers]

Let me first say thank you to the BP community. Became interested in REI 6 months ago and just closed on my first property, a 5-plex, on Monday. BP has certainly been a great resource....so TY!

I’m already on the hunt for my next deal, and it appears i might have found the next candidate. My strategy for this one is to take on a partner to pay 50% of downpayment. I will handle all of the managing, making this a completely passive endeavor for my partner.

So i was wondering what the equity breakdown percent-wise typically looks like in these scenarios? Im talking in respect mainly to cash flow split, but also how cap-ex would be split, as well as appreciation. Any info is appreciated, thanks guys!