Re: What's a fair split for partners in a real estate investment?
From the way you make it sound (although a bit confusing) Person A will provide 100% of the capital and do half the repairs. Person B will do the other half of repairs and live there. I wouldn't even offer to split the profits. He isn't doing anything other than half the labor. Figure what it would cost you to hire a contractor and base his compensation off of that. You Person A is taking on a significant risk in investment over Person B who can just walk away if it doesn't work.
You take the blue pill - the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill - you stay in Wonderland and I show you how deep the rabbit-hole goes.