Posting due diligence / new offering opinions to BP?

[Kurt Granroth]

BP is a great resource for finding potential sponsors and to also network with other LP investors and maybe compare notes via DM. But what I don't see here is any amount of discussion on specific offerings. That is, say I get a new offering from Oakcroft Capital for an MFA in Poughkeepsie with very favorable terms... or maybe they aren't. In BP-style, I am largely left to my own devices to determine how solid the offering is -- I do my own due diligence and that's that. But what if I missed something that would really matter to me? Or maybe my own perspective is one that another investor might value? Posting a summary of said due diligence to BP would allow other investors to collaborate on the topic, plus maybe the sponsors could step in with clarifications on their rationale for certain decisions.

Yet... I don't see that happening. Why?

Are there legal reasons? Like maybe the offering is under 506(b) and so me talking about the deal on a public website like BP (even though I am very much not a GP) might be considered advertising? If so, then what about 506(c) deals?

Are there BP rules? Maybe BP doesn't want that type of discussion here?

Is this maybe strongly frowned on by GPs, who would rather LPs not be comparing notes? Getting black-balled from future potential deals after a possible less-than-stellar review of an current deal would be... not fun.

Maybe some other reason that it would be a bad idea?

Basically, I get a reasonable number of potential offers and I reject most of them as being a bad fit for me (plus I typically only invest in two a year, max) but I am more than willing to write up my thoughts on any one of those deals. I just want to ensure, first, that it wouldn't be a Very Bad Idea.

Thoughts?