I want to see them putting their own capital, earned from stuff outside of the acquisition fee (sometimes, sponsors will buy $100M in real estate, earn a $2.5M acquisition fee, "invest" this acquisition fee alongside LPs, and claim that this is a co-investment.

The returns are typically split between the GP and LPs.

Investing in these areas comes with multiple tax benefits such as:Tax-free growthTax payment deferralTax discount for long-term commitmentAdditionally, investors can feel great about investing in struggling areas and stimulating economic growth in these areas.The investments must be owned by an Opportunity Fund.

During that period, the number of closings fell for seven consecutive quarters before rebounding 74% over the ensuing two years.Additionally, the $24 billion in maturing CMBS loans this year could stimulate sales activity as the interest rate environment will likely be much different from their rates at origination.

Glad to hear things are going well...Learning can stimulate tremendous growth in a very short period of time depending on how you use what you learn.One thing I'd highly recommend doing, if you haven't started doing so already, Is to download audible and start listening to books on the areas in which you're looking to learn/invest.BP has published many very valuable books on many different subject including BRRRR, investing with little/no money down, estimating rehab costs, property management... to name just a few.This is a journey, not a sprint, so take your time, adjust to being in it for the long term, and FOCUS!

Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their loan is reaching maturity, they need extra capital, and they are attempting to raise the extra capital from other LPs rather than or in addition to a capital call.They are offering "rescue capital" investors pref equity that is ahead of original common equity investors.

I am also very interested in developing a syndication/fund in the future, and feel like this will only help any credibility to future LPs/GCs/etc.Does anyone have advice/thoughts/opinions on best way to go about this and if getting licensed is worth it?

Sure, over the last several years, there was an unforeseen interest rate climb that hurt many very good operators, and LPs are upset.

Today i see most LPs under 2M net worth sign in their own personal name without a LLC.

He's currently tokenizing his LPs' interests for the future.