Pros and Cons of Partnership

[Daniel Gugliotti]

I am considering investing in my first property and have thought about partnering with a friend. What are the pros and cons of investing (especially starting off) with a partner?
I would likely using a private money loan and my buy box criteria includes:

Multi-family

Long term rental

In or around a college town

Okay with some rehab, but don’t want a full gut project

[Sebastian Bennett]

Are there books or good literature on how to structure partnerships or how to select best partnerships to invest with?