Have you ever bought rentals with someone and distributed?

[Shawn Mcvicker]

My business partner and I have wholesaled together for 5 years. We don't buy many properties because it hasn't been easy to do in a fair way. So we've finally decided to purchase together in a different LLC and distribute them equally at checkpoints or intervals i.e. at 50 properties distribute 25 each. Has anyone distributed properties in a partnership? Can you do this fairly being there is so much criteria?