Buy/hold partnership structuring w/ 50/50 $ down

[Austin Vauiso]

I would like some advice on a fair way to structure a partnership with the following deal:

Myself and a partner investor each provide 50% of the down payment. I found the deal, and I will be doing the rehab (hiring contractors, some DIY, and act as overall project manager). My partner is merely putting up 50% and acting as a silent partner. I find it hard to believe that this should be a 50/50 split due to my time/ effort throughout the project. The goal is to do a BRRR. Cash-out refinance w/n a yr.