I find this discussion intellectually stimulating.

they do call it bigger pockets  and many who are on this site wish to scale their business's . we see it all the time with the landlords IE hey I went from zero to 50 doors in 37 days  type of posts and those excite and stimulate those just getting into the business.So I don't think its not appropriate to talk about other facets of the business and how folks have scaled those. 

The best list I found was at www.RealEstateTarget.com; I did a successful snail mail and email campaign, and picked up three new banks and an account with LPS.

The rules of registration of hedge funds and other LPs and LLCs are in a state of flux right now.

It is challenging, rewarding, and stimulating.

50 LPs to set up?

Thank you  Yishai,The depreciation benefit gets passed through to the LPs as well.

I know for a fact that elaborate structures exist for syndicates where the LPs are not signers on a recourse note and thus are not liable for their pro rata share of the UDFI despite the obvious advantages of leveraging their investment dollars.

What is a suggested % ownership structure between the GP and LPs?

. - Fund generates an acceptable double digit return for LPs.- Fund has a minimal "lockup period" - some funds offer better returns for investors who commit capital for longer periods of time.