Partnership Approach - BRRR

[Alex Zaboli]

I have a family friend with many years of experience renovating, fixing and flipping homes. I want to approach her with the BRRR strategy. What I bring to the table is good personal capital and willingness to handle all financing. Preferably, I'd like her to scope out the deals and then manage the whole rehab operation - both of these I‘m confident to say she's fully capable of doing.

With that in mind, what do I need to be mindful of if this kind of partnership should happen? And, what kind of cash flow sharing agreement makes sense for both sides? 

Thanks for sharing!