How do you structure a partnership for rentals?

[Gerald Perez]

Can anyone give an example and show how a partnership is structured when going in on a rental together?

For example if

Partner A: Has no money but has knowledge and the time.

Partner B: has the capital but does not have the knowledge or the time.

Any examples on how things such as cash flow, cash out refi, etc. we’re fairly divided?

Anything to look out for along the way or mistakes that could of been avoided?