I think that will help to stimulate progress... 

The typical splits are 70/30 with LPs getting 70.  

If you are unwilling to add value by fixing poor management, you would be far better off to join syndication that will do the work for the LPs and provide around 20% annual return.   

Also offer to help others in their deals, even if you don't get compensated, as long as you learn.I built a team of GPs who had been LPs and had raised small amounts for other syndicators' deals, then we found a deal ourselves and had others as GPs in our deals in return for helping with asset management, loan co-signing, capital raising, etc. 

Our focus is on properties between 2-10 doors where the lender will underwrite the key principle and the property's cash flow as opposed to all LPs in the deal. 

Our government officials are playing whack-a-mole with the economy...they massively overstimulated it and now are aggressively anti-stimulating it. 

In a Recap, the GP refinances the property with a newcore investor, and the initial equity LPs should receive adistribution based on their split of the market value of theproperty, less deductions.

Children need educational stimulation during the day, so it isn't just a "set them in front of an ipad" type of situation.

Depending on the size of your deals and minimum investment amount, you could blow right through that limit.Most syndications I have been a part of over the last 15 years have been formed as either LLC or LPs.  

As @Taylor L. mentioned above, cost segregation and bonus depreciation can deliver significant benefit to LPs, but not all sponsors will perform those studies.