I am working with a General Contractor to determine if we can find a way to partner up in hopes to make project numbers work. 

Our would you want to walk through and make sure your partners are who they say they are and their projects align with you.

If I were you, I would write down all the monetary outlays and the potential work that will be involved in acquiring/rehabbing (if needed)/managing the property and realistically how much time and energy each partner is willing and able to put into the project, and then sit down and have a discussion about how even or lop-sided this deal is for each party.

I have been slow moving in this process as we are in the middle of some other large projects at my other properties. 

I pretty much end up being the GC for all of my projects. 

Afterwards, ruthlessly scrutinize how well you did vs. your projections. 

Best of luck on the next project!

Do you want a few very quick small projects, or willing to go a bit bigger and out it all into 1 deal?

You're probably looking at a pretty major project. 

Great opportunity to have more cash in hand and invest in bigger projects but is there a formula to follow?