Split for Flip w/ relative

[Matt Said]

I already have an LLC with a family member for Buy & Holds but we want to do a flip together. On the buy and hold, everything has been 50/50 on the cash in. However for the flip, one side is putting up all the money and the other is doing all groundwork and will do a good amount of work plus hire/oversee all the outside labor. In some ways, it is like an out of town, silent partnership for the one putting up all the cash (including rehab $'s) but since it is family, neither side is going to negotiate hard or hurt the familial relationship. In the end, we both want to make money together.

So net, how would you suggest we split the profits?