And the dump of insurance and federal money will stimulate the local economy by a considerable amount.

Investment groups do exist for LPs and are typically free.Check out Left Field Investors as one option.  506 Investors Club is another (more reviews than education, I believe).  

this stimulates investments into business's and there are rules to follow  like the note holders cannot be direct relatives  etc. the cost of setting up  dictates its only worth it for 7 figure and above cash investments.. 

Prices skyrocketed from massive government actions and those actions first stimulated demand and later de-stimulated supply.People are not buying because they have more knowledge now...it's actually the opposite, transactions are at record lows.

Some, but not much.It may stimulate building of rental housing.

Hello BP,Just curious to hear how other GPs keep LPs in the loop when they are looking for deals/do not have any opportunities currently available for them?

I think their business model relies on showcasing successful exits during good times (everyone is a genius in a bull market) to ensure that there is no shortage of sucker LPs. 

This project seems like it’s not good for the LPs or GP (at least at this purchase price).

It can be intimidating looking over an investment proposal and figuring out what to watch out for, but as long as the incentives between GP and LPs are aligned, it is a great way to create truly passive income.

@Tom DittrichI think what @Spencer Gray was saying was that you could potentially invest your fund's capital into the GP entity on a given deal which in turn would be invested alongside the other LPs in exchange for some % of the Promote off of the other LPs (e.g. 10%).