Investment Partnerships and Structuring

[Frank James Batignani]

Good morning all,

     I was approached by a trusted friend/investor, about entering into a partnership for a turnkey rental. This is what I am looking for, however i am concerned about the complexity of this, and whether or not my first property should be done on my own, for the experience. The way the deal would work as it stands now, he would put up about 65% of the money i'd have the rest and I will buy my way (via cashflow, and income) to 50/50. To me it seems generous. Just curious on your thoughts. Also I've been doing a lot of reading on this, but would love to hear any partnership structuring ideas and tips. Thank you for your time.