This will be based on the personal details of your business.

@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.

RickTreat this like a business.

I have a rule , never do business with family or friends .

This is why I have an experienced legal counsel involved early in the process. cool  kind of like companies that factor business's account receivable.

@Nadia Jones Starting and running a fund is a separate business because it's something that you need to actively market for and regularly work on attracting capital to invest in. 

@Dan Groveyes, go to meetups (real estate or business) and meet people in person and build a networkbut... no offense... i don't think funding an entry fee in second position is a particularly compelling investment

However, I’m increasingly excited about starting a unique stays/glamping business.

I would guess he feels its nobody's business, and doesn't want to disclose that the payout was more than the actual repair costs.

By nature a business is all about cash flow, equity is second.