Why do you think so many businesses fail due to partnership squabbles?

I'm looking at starting a partnership with a local REI/contractor that I met at a meet up.

Would love to connect and maybe do some type of partnership.

If you are on a partnership and file 1065 and K-1 for your individual tax return, if you send money from your LLC to your personal account, it could be considered as equity movement.

After reading some of the other first deal posts in the forums, I think investing into a syndication or partnership of some sort with that fund once it accrues a bit higher of a balance or finding a deal in a local network that allows a lower entry to invest makes sense.How did you find the syndication that you started with?

Your 100% correct, that is very important for a partnership.

(I would be working side of partnership as it is the money that I need to finance more deals).

Basically if all of you are taking an active role you will be a partnership if your other partners are passive you have a security.Yes multiple partners can put together monies for a down payment If you do a partnership structure. you will likely all have to qualify with the bank and sign on the loan individually as well as a partnership as a whole. 

Are they’re any contracts available with the language available for this particular type of partnership and is the 50/50 split appropriate even though all of the risk (loan) is under my business name.

One question, did you setup a LLC in the US or did you mean a "Partnership"?