A 50/50 split, while not uncommon in the world of flipping, is very sponsor friendly, relative to the typical syndication which will typically start at 80/20 or 70/30 splits, with a vast majority of proceeds going to the LPs, along with a preferred return that gives them 100% of the cash flow up to a certain annualized return metric.  

So when you say that you prefer the syndicator gets a fixed % of all the profits, are you suggesting you see better alignment with the GP just getting a straight split without LPs getting preferred returns?

As such, they want to repaint, have some deferred maintenance that needs handled in next several years, and therefore pause distributions to LPs, to fund those additional improvements out of operating cash.  

Maybe some GPs can intimidate their own LPs in private.

We're using Digb to track portfolio, financials, and to issue IRS Schedule K-1s to our LPs. 

You're talking a reset in physical asset prices due to the GR and low rates to help stimulate inflation after a massive banking crisis.

LPs get what they tolerate.

Most lenders are not able to do irrevocable trusts and some can't do complicated structures like Series LLC, LPs, etc.

Although I am not sure how to enforce this one, there should be active, on-going communication from the the borrower to the lender .... as one would expect from a GP/Operator to the LPs in a private equity syndication. 

(biggerpockets.com)PEP fund with Lane Kawaoka (biggerpockets.com)Syndicator Threatens LPs for Negative Comment about them On BP (biggerpockets.com)Anyone has invested with Open door capital?