Partnership structure for Flip

[Kelly Williams]

     I need help structuring a partnership for a deal.  A family member is moving out of her home and into an apartment.    The home is ideal for a flip (I have thoroughly evaluated the numbers).  

      She owns the home outright and is willing to put up the money for the flip.  She doesn't however want to do ANY of the work.  This is where I come in.  Essentially she puts up the house and funds, and I do the work.  How can we structure this deal?  Should she pay me as a GC?  Any other ideas?  Thanks!