You can distribute what you want for each partner as it effects their partnership capital account.My recommendation of this is a true 50/50 partnership, and you both contributed half of everything, distribute that way also.

It would not be effective and at the very least you would probably lose your right to foreclose non-judicially.

You may want to perform services such as snow removal or lawn care yourself because you can profit from it BUT there may be a company out there who specializes in it that can do it more cost effective.  

Is this cost effective for someone starting off with 2-3 duplexes-quadplexes per year?

Is brother1 now effectively responsible for it all.

But remember even those interested are on 1000 different lists and are getting giant piles of mailers.I'm shocked any time anyone tells me they're even a TINY bit effective. 

So your effective rate is higher than 6% - 8% in such a scenario.

With these 2 points you can formulate a solid course of action and you seriously need to stop listening too much what others have to say and use your own logic and understanding from what you have researched on your own to validate whatever other people here say.Many many people here have the loudest voices about wholesaling but they simply SUCK at it.

Hey @Mike B.Yeah this is a first time for me and I decided to go with the butcher block because it went with the overall design and was cost effective (only needed an standard 8' section). 

Personally, they've all washed into the background when I'm driving around but one creative sign did sign out because the presentation and message was simple and more professional than a sharpied sign crudely tacked up on a light pole.Let me know if they've work for you as a cost effective lead generation strategy.