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@Michael Hill Yeah, I know what you mean. 

@Michael Hill, CrimeGrade.org.

In a work/money fix&flip partnership:The silent partner provides $1M.The working partner does all the work, including securing an additional $1.4M in financing for the LLC.The working partner keeps 2% of the capital immediately ($20k).After all rehab, fees, and finance expenses are deducted/repaid, the working partner takes 45% of net profit and silent partner takes 55%.You can assume the working partner has experience and it's not a take the 2% and run scam.

Get the paperwork supplied to Property Management, say nothing tread silently, after you receive the paperwork don't discuss with tenant or PM.

@Michael Hill No. 

Run for the hills?

Quote from @Abram Hill: What would you say is the most important thing to do for someone who is new to the business?

A friend of mine entered into a silent partner agreement with me and invested $99,000.

We're right over the hill in Reno and do a lot of deals in the 2-10 unit range.