Syndication, what is the #1 question holding back investors?

[Michael Sjogren]

I was at a conference this past week talking to a a few MF syndicators and discussing various aspects of the business and I wanted to pass this question along to the community. What is the #1 question/reservation your investors have that hold them back from investing in your deals?

Bonus question: What is your biggest pain point right now?

Before I post my feedback I want to gauge the group so I don't create any biased responses.