Help with structuring a partnership

[Cal Rohrman]

Hi guys,

My partner and I are structuring our first deal together and we need help with how we should go about it. I am in charge of 100% of the capital meanwhile he basically is taken care of everything else besides the LLC and some other small things. The current deal takes place in Milwaukee where he resides and I currently live in North Carolina. So he would be moreso daily operations. We are looking for help with monthly payout percentages and also when we go to sell the property, the right way to go about payout equity.

Does anybody have prior experience with structuring partnerships that can help us please? Any help would be much apperciated.

I can also provide more details if need be! Thanks guys