Is it possible to set up a partnership to buy multifamily (no one being GP, LP) where one person is property manager and gets compensated accordingly?

@Colin Stuart

You can setup a partnership with multiple managing partners or managing members (read up on the differences). Also, a property manager can have an interest in the property. Consider reaching out to a real estate attorney for a consultation, ideally in a state where you plan to invest/form partnership.

Best!