Advice for raising funds for Detroit deals

[Wangzhong Sheng]

Hi Everyone, I'm currently syndicating my first deal in Detroit. I've struggled with the raise, particularly due to the stigma tied to Detroit. For anyone on here who is a local investor, what are some highlights I can incorporate to be more persuasive and help prospective investors to overcome their "fear" of investing in Detroit? 

[Chris Seveney]

Quote from @Wangzhong Sheng:

@Chris Seveney

We've done friends and family, posting on FB groups, LinkedIn posts. Also talked to various finance professionals to get creative on getting across the finish line.

Initially it was me and one other GP, but we brought on a third GP to help us raise recently - pending him actually helping raise the funds.

We're looking to raise 900k, 700k to close. 400k raised so far (including GP equity), 300k more needed, with 2 weeks left to close. Looking at business line of credit and other options to get across the finish line, and backfill the raise.

Attached is the pitch deck. We're 506(c), so accredited investors only - 
The deck can be found at the Investor portal. I'm new to Bigger Pockets so I'm not sure how to attach a file. 

 I would say target people in your area. Host webinars, host an event in person as well and invite people. It would blow your mind how far a free lunch for people can go.