If the SEC came sniffing around and your main job was raising money and all you do is attend a weekly meeting, good luck to you! 

Every dollar you receive will have one purpose. 

I think the main points would apply to you as well.STR is great, as long as you go into it with eyes wide open and reasonable expectations. 

Our main issue is these properties are owned in an LLC.

We also have interest from some new car companies that are looking at the facilities in Windsor for re-purposing to use for EV manufacturing.

I guess my main question is is there any minor profit in being part time if the work is put in.

A goal gives you direction, purpose, and excitement for the future.

We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.

I’m interested in how others evaluate and track down these kinds of properties, especially from a distance.For example:When looking at distressed properties in other states or cities, what are your main indicators that it’s worth pursuing?

Because of the frustration, when asked to purchase the large lot in front of their house which leads to the main road, they turned it down.