The government needs money to keep moving to help stimulate the economy and tax revenue.  

@Ashish Acharya @Michael PlaksAshish correctly points out that LPs are subject to more specific rules, however the courts have found that a limited liability company (LLC) interest is not treated as a limited partnership interest.

Another respected syndicator here on BP has been investing 10 years longer than myself.2) No money lost for his/her LPs.

Typically there will be a partner who handles the deal flow and logistics and the folks who went to med school are usually LPs/"silent" partners.  

To me the downside is lack of control, and transparency (not that they are hiding anything, but you just can't track the numbers like you can with your private portfolio), and possibility to lose it all due to financing and LPs position on debt structure.Just my 2 cents.

thanks for posting this, it's amazing - basically took investors money and paid out as dividends to old and existing, just like Bernie Maddoff did, he owned very little unprofitable real estate simply as a fake patina of a business to drive the LPs to invest from pg 3 of indictment"Each investor in the Fund also received a written guarantee from NRIA of an annual return of at least twelve percent per year for a period of five years plus a full return of their investment, or else any shortfall would be paid by NRIA."

You will sign the OA, but I wouldn't expect LPs to sign any of the purchase and sale documents.

In fact, when rates decrease, it often stimulates increased demand for homes as more buyers enter the market to take advantage of the lower borrowing costs.

There are so many ways a syndicator can "add risk" to the deal in order to hit a marketable return for LPs, that any LP really needs to understand the ins and outs of real estate operations, market cycles, financing structures, fees and carried interest, etc if they want to fully assess a deal.

But with that said, if your deal is in a decent sized market, i.e. at least 15-20k population or higher, then what we do is pull a cash buyer list from Propstream, and for the buyers that are LLCs, LPs, Ltds, Incs, we look up who the managing member(s) is/are, and then we skip trace the list and start calling.