How are you plainig to pay for the sub-diving process?

My mom has no existing mortgage or any form of lien on this property.We accepted a seller financing offer, and are currently under the closing process.

I am going through a similar process now,

I am asking  because I want to know if it is a good idea since I am brand new to the whole process.  

The idea is to create cashlow and wealth through equity and appreciation so the plan we can build few units , sell them and split profit 50/50, while I am the boots on the ground overseeing the process of building from start to finish, meanwhile the partner brings 100% of funding. 

I've never seen a partnership structured this way or heard it talked about.What would fair compensation for such a partnership even look like?

I am in the process of exploring property management companies in Dutchess County, New York, and I’m reaching out to this knowledgeable community for recommendations.

One lesson learned is that the closing and purchase process could have been more efficient.

The hardest part about section 8 is getting the process down, like what to do and when.

I have a goal of finding some like-minded people in my area with which I can connect and start to learn about this process in more detail.