Learn the area so you can make informed choices about where to re-deploy your capital. 

It looks like one then has either 30 months or 31 months to fully deploy the funds, including making improvements to any property that you purchase.

Deploy equity / savings into ETFs or large multi's.

Armed services members can also break lease at a moment's notice if they get reassigned and/or deployed.

It is usually a function of the size and diversity of the assets the LP is deploying and tax considerations.

I want access to the funds as needed, but I don't want to be paying interest on money that I have not yet deployed. 

However, know that with military tenants, you will have leases shortened by deployments.

We could deploy $$$ into better rental opportunities, fix and flip, or eat some popcorn on the sidelines.

In apartments, I can easily deploy larger amounts of cash that would take months to invest effectively in single family.Does that mean single family is bad? 

**I bring up this last point bc I hear a lot of folks having this discussion and asking about market A, B, C, etc; not so much of an emphasis on the people you'll ultimately select to help you deploy this strategy successfully.