I actually partnered with a GC on this one and traded equity for them bringing some funds to the table but mostly bringing project in on time and on budget.

*The Anatomy of Vacancy Behavior in the Real Estate Market from RERI, see table 3 and 4

When the SHTF You might see gold buyers setting up card tables in front of closed businesses or inside grocery stores buying all forms of gold.

"Wholesalers" get the table scrabs in comparison. 

What is your " value ' What do you bring to the table ? 

I understand thought about equity in properties but what have to keep in mind is how it views from financing side of the table.

Read inherited leases thoroughly before the interviews, make a table of all important dates for each unit, like all renewal dates, how many days in lease for notices (inspections, non-renewal, etc.), and any special terms in there like required to maintain minimum heat, etc. 

Has anybody structured GP/LP like this and thoughts on waterfall table and cash flow distributions?

They can come to the table with cash to make up the difference.

We do have 4 other properties we rent with significant equity so using equity from one of those is on the table as well.