I am aware of 506B and 506D for fundraising.

It may be hard to find unbiased advice on account of that.To me, it seems that his/their core competency is promotion and fund raising.

Are they given a JV-co-GP position for fundraising or will they be involved in the management of the property?

I'm coming from smaller scale mixed use development and fundraising.

One of their so called instructors from one of the training sessions asks the students to go to the five star hotels, or go play golf, or go horse riding, or go hang out at the high end night clubs for the sake of fund raising.

(I'll admit I am a fairly new potential investor)So, they are definitely a fundraiser, and you are right, it is definitely misleading.

The reason for that is that PassivePockets has two different kind of memberships one for fundraisers/GPs, and one for LPs.

The fund raised $200 million in short order with few sources of deal flow 5.

For example, one of our first initiatives will be pageants aimed at fundraising and instilling healthy financial habits, bridging the gap between cultural activities and practical education.Sustainable Cash Flow: Real estate remains a key component to fund our programs.

So probably no acquisitions yet.There's typically a 12 to 18 month overlap between continued fundraising and investing funds so fund 3 very well may have some active investments.