Both have fixed costs, and any reasonable partner is going to want you to have some skin in the game.

If they are putting any "skin in the game," how can they be responsible for a loss? 

They have more skin in the game then you do.Make sure you get clear title.

Plus it is difficult to build credibility when you don’t have any skin in the game.

Equity - You need to have skin in the game and have ample reserves - it takes 10 properties to be financially free3.

Big investors like Blackrock are sinking billions into single family homes and exacerbating the low supply issue.

So I know the main idea of a good BRRRR is to get a hard money or private lender that will pay all or most of the purchase and maybe the rehab along with maybe a down payment on your end to show “skin in the game”.

I would only enter into a permanent partnership agreement if you found an experienced investor who brings more to the table than money and has capital (skin) in the game. 

No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.

It will probably just kick the can down the road, stress you out, or exacerbate the problems.If you state allows you to terminate with 30 days notice, just do that.