Hi guys, I’ve been researching partnerships options for non accredited investors and feel a little bit confused.

@Lawrence BarnesI have not done any partnerships.

You create a partnership agreement for an LLC, you could do a promissory notes, or he could create a proper document explaining that you have the control of his money.  

Should my partner and I make an LLC now, then roll the property into the LLC or buy the property then roll the Title into the LLC?

Down the road it would be more of a partnership as I get more immersed and have more to bring to the table.

Hey Bigger Pockets Team,I am going into a partnership with 2 other colleagues and buying a property.

I was a partner in a commercial deal where the LLC was taxed as a partnership (the 1065 return) and K-1s passed down to each members 1040 (pass through in effect but multiple unrelated partners).You'll need to explain your need.What gurus (who sell LLCs and asset protection) don't say, is the typical new person does not need an LLC till they own maybe 10 rentals. 

I would definitely be open to a partnership, just haven't lined one up that I feel solid about just yet!

Just  few roles:1 - Cash Partner2 - Credit Partner3 - Property Manager (or manager of PM as stated above)4 - Rehab Manager (this includes finding rehabers and negotiating with them...as well as managing the rehab)5 - Business or Partnership Manager6 - Market Analysis7 - Property Analysis8 - Making Offers9 - NegotiationsNote:  #6 - 9 include deals that never get to # 10 - 1110 - Inspections of accepted offers11 - Closings...and more, based on the specifics of every deal.

If not, you will have to adjust.To share a personal experience, I own 12 units in a small JV partnership in Spartanburg SC, about 40 minutes from my home in Greenville SC.