But it's also well deserved because it's one of the most challenging, stressful, time-consuming and intellectually stimulating areas of real estate.

Not sure if you can answer this, which it's fine if you can't, but I am curious about legal documentation when structuring the deal with GPs and LPs.

There will be multiples LPs in the fund and I am working with a securities attorney to set it up. 

Totally depends on the overall deal and what the LPs get out of it. 

.- Network with like-minded investors and learn something new that stimulates a part of my brain that I don’t often use at my day job.- Make a positive impact on my local community.Thanks to the BiggerPockets community for the great information and support!

So, if you can find that happiness already along the way, then you only need to make enough money to pay for your needs, because you're already ahead of those who are still doing things to get money.Basically, I might have a short attention span and have to constantly find new ways to stimulate my brain - lol. 

What I would do is network with investors that are really doing it and start to find investors investing as Lps and then navigate the network.

He sees this, as with any market shift, in that main street is wanting in on commercial real estate deals, and there is more money chasing deals than good deals to be had.His take aways were in the creative structures:Sponsor offering a No Fee, No Carry, No Pref deal, 100% of cash flow goes to LPs, BUT GP gets a 6% stake in deal as an LP.Sponsor offering a no Pref deal, with a smaller carry, but comes in from day 1.And as @Roni Elias mentioned, there are a lot of options out there. 

It's goal is helping stimulate the housing market by making home loans accessible and affordable to OWNER OCCUPANTS.

Good points on the drawbacks of investing near army bases.My local economy is heavily stimulated by Camp Shelby...