In the future, I would love to split the property and either sell or build on the other half.My challenge sits in demo-ing the workshop before we move on with anything...

Then you can do the math if you own it solo, or you can split the profits if you have a partner.

Any tips for structuring a small gap partnership, private money arrangement, or equity split?

Seeing that you are splitting up I would suggest that one buys out the other or that you sell now.

Later, I signed up for the premium program with another person, paying $10,000 to Multifamily Mindset for mentorship, expecting to split costs.

A lot of American cities are feeling that pain sharply.But here’s the reality on the ground in Kentucky:Our commercial market is splitting into two very different stories.On one side, yes—office vacancies in Louisville have climbed to around 23.4%, especially in the suburban corridors and older Class B/C buildings.

Should split roughly $80,000 profit 4 ways.

I'm thinking about brining on a family friend as a business partner to split the work and bring additional capital, but I don't necessarily need them...This is obviously a big ask on a first time house hack, but would love to hear if anyone has ever heard of people successfully executing this strategy?

They are family owned and also have some of the lowest office fees and most competitive commission splits in our market. 

After paying the main note, cleaners, utilities, supplies, repairs, reserves etc and taking my fee off the top, there is not as much bottom line left to split up as you would think.