JV arrangement for notes

[Mickey Bradshaw]

Hi,

I'm new to note investing and I am considering a JV arrangement to get my feet wet and learn more about the process. Is it typical in a JV arrangement for the newbie to provide ALL the money and the experienced person to provide the know how and actually do the work (most of it anyway) for a 50/50 split? I ask because I'm a little uncomfortable that the "expert" has no real skin in the game and if it went sideways they aren't out anything but time. I'd appreciate any feedback regarding folks experience with JV agreements regarding notes. Thanks in advance!!