There is no such thing as a "safe and stable" investment in real estate if you are going to be active or passive. you can buy the best property in the best area and have a tenant destroy the place or have it mismanaged that can cost you.Check out the syndication group on how many people were promised "safe" or guaranteed returns and lost little money to everything.

This would help us benchmark and explore simpler alternatives while understanding how complex the structure mentioned above truly is.I assume they are not actively managing their business?

Listen actively to their needs and concerns.

This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.

Are you looking to actively invest or do it passively? 

This is often more difficult to find but one strategy would be to talk with STR investors who are active in the market there. 

Often the owners are active in selling and trading with other arcades and you can slide right in and purchase one they’ve been trying to sell or trade.What games are you looking for?

@Nadia Jones Starting and running a fund is a separate business because it's something that you need to actively market for and regularly work on attracting capital to invest in. 

I know when I was an active Broker my SOP  was get listing open escrow with buyer to be determined and order the preliminary title report prior to spending money on marketing someones property..

Greg makes a great point about reaching out to active brokers, those connections can be invaluable.