But for a value-add or stabilized income property there is a lot less heavy lifting and the promote structure typically reflects that with a first hurdle in the range of 20% to 30% promote and an ending tier at 40% or 50% to the GP.The waterfall you described is a somewhat modified version of a preferred equity structure and if that’s what it is it might actually be a bit rich to the LP because preferred equity tends to have far less profit participation, usually none beyond a 12% to 16% IRR.

I am not affiliated or paid to promote those guys, they have just helped me a lot along the way. 

I won't mention them here because I don't want anyone to think I'm promoting one of them.  

2) With pricelabs/hospitable, I believe I lose the ability to use the Airbnb promotions feature, which I've used successfully in the past to promote and book the gaps in my calendar.

Didn't have the time to read the entire comment this morning, but posting an article like this would cause it to come down due to "self-promoting".

there is power in promotion campaigns to draw business in."

We are not allowed to promote or link outside corporate owned websites from BP.  

Get them from Menards with the 11% cash back promotion. 

As a sponsor there has to be enough in it for you with fee going in, fee going out on sale, asset management fee, and back end promote with equity upside split.

I do not want to post them on here because it may look like a promotion.