But for me, most academia-based jobs are pretty equally dry and boring even if they're intellectually stimulating but they're tolerable especially if I'll know that they're only temporary.

Are you using LPs, LLCs, C/S Corp or a combination of the three?

It would be a red flag if s syndicator was asking or requiring LPs to deposit capital for an EMD aka risk capital.

@Chris Seveney When equity fund, I'm talking a real estate equity where let's say I start a private corporation, I sell shares of that corporation, and then the corporation may start a Fund where I create the fund to be an LLC or LP itself, so the corporation is the GP and the other investors are LPs and we use that fund purchase, real estate, have you seen that happen?

(so he gets $60,000 right off the bat and LPs are left with $240,000 of what they invested) and the cash flows get distributed at the 20/80 split. 

Hi All,I'd like to get a conversation going and seek people's guidance for resources and the basics on putting together (as a sponsor) a syndication of LPs to invest in small (8-20 units) multi-family buildings in major Northeast cities.I am partnered with a small-time developer who has completed some value add projects with his own capital/financing and together we are now looking to grow and scale into slightly larger buildings over time. 

Passive LPs in a partnership owning real estate generally do not qualify as materially participating and cannot deduct the real estate losses on their K-1 from their ordinary W-2 income.

The ones who pay property taxes and hire local workers and stimulate the local economy.Tand the South Bay that don't make it difficult to provide housing.This sort of tenant relocation out of the pockets of small business owners (housing providers) will affect the entire market and Long Beach economy... mainly negatively.https://www.lbbusinessjournal.com/rental-properties-city-council-to-consider-tenant-protection-policies/

He spent it all on...well, I've been cautioned repeatedly not to mention ladies of questionable reputation and a certain white powdered substance with stimulant properties here on Bigger Pockets.Or give it to guru-boy and his shills.

I am looking for an individual or firm with experience setting up syndication structures with a focus on maximizing tax savings benefits for high income LPs that are participating in the fund.