Seeking advice on structuring partnership for fix and flips

[Sharon Freedman]

Hi all. I'm looking for input from anyone who works with a partner on doing flips on how you structure your partnership in a way that protects both parties. My potential partner and I have agreed to split everything 50/50 and I was thinking of holding all holding/cash to close funds in escrow and run it through my LLC, but would be interested to hear how any of you structured it in a way that protected yourself in the event that one partner turns out to be problematic. I look forward to hearing your thoughts. Thanks!