Buy and hold strategies with a 50/50 partner

[Omaree G.]

Hello everyone! I'm looking for some advice from anyone who's had successful joint ventures on buy and hold investments with a partner who doesn't mind being a "silent partner" or hard money lender. I currently own a couple rentals already. So I have my feet wet. The other person wants to get in real estate, but doesn't want to take on a lot of the risk that I am willing to take on. Although, they are prepared to invest financially in order for some ROI. What are some of the better approaches we can take in the market for us both to capitalize on an investment and work out the legalities?