How to structure a partnership?

[Janelle Hicks]

So my brother is going in on a deal with me. I found the deal, A fsbo from a friend. I live in town so I will be running the (light) rehab and paying for it- probably about 5k. My brother will contribute the full down payment. We were both going to sign on to the mortgage though. We will hire property management for the main house- a long term rental. There is also a small studio on the property, that we planned to Airbnb. I would probably manage that as I have several others I already run. How would you structure this partnership? Does a 50/50 split sound fair?