Partnership exit strategies

[Shlomo Rozen]

I have been talking seriously with an investor about a potential partnership. He will provide the capital and I will do the asset/property management and we split the profits(his idea). I have a full time job and don't think I have the time and attention needed for a flip now. So I think BRRRR would be the best strategy. Either classic BRRRR or buy it tenant occupied and do a delayed BRRRR. My goal out of this partnership is to come out of it with cash for long term rental purchases(or keep these for the long haul). However I have heard from the podcast hosts that partnerships always need an exit plan. What do you suggest as some options?