An LP Limited Partnership is a flow-through to your personal name so pending on your structure you might want the GP and LPs not to be personal names for liability and tax purposes..I am not a CPA or attorney and this is not advice.. 

Think of getting there in terms of stages to navigate as you gain experience that you can sell to attract capital on your own and add values to LPs on your own. 

Yes, there are more parties involved, but for an individual LP the number of LPs is sort of irrelevant, since I am not dealing with that, and even being on the syndicators side, technology handles 90+% of the complexity, again with tracking docs, funding, ownership, etc.  

The rent during the intervening years and the proceeds of the sales will then be distributed to the LPs and GP (myself) based on agreed waterfall percentages establish in the operating agreement of the LLC for this fund.  

But not sure why LPs are not talking about their syndicators.

When I look at the syndication’s PPM it seems the LPs own 100% of the venture with GPs owning none (some of my other syndications assign 70% ownership to LPs and 30% to GPs, matching the profit-sharing ratio).

Stimulate Ballpark-area Investment, 2. 

A lot of LPs are learning the risks of floating rate debt and good marketers.  

They are building all over the country but I would like to point out that the government funds schools often with a secondary goal of stimulating the economy. 

They love their LPs or the LLC!