Per your comment about CPAs not educating, as a person that interacts with investors and potential investors every day, I take this upon myself to do the education part.While I surely understand the write-offs can help some investors, many (dare a say a majority) of LPs can't use all of these losses. 

We expect returns to come from both ongoing cash flow and a capital event (such as a refinance or sale).For those of you who’ve raised capital for similar first-time or smaller syndications:What strategies have worked best to attract and build trust with LPs?

(biggerpockets.com)PEP fund with Lane Kawaoka (biggerpockets.com)Syndicator Threatens LPs for Negative Comment about them On BP (biggerpockets.com)Anyone has invested with Open door capital?

But in reality, our structure often results in more total dollars to the LPs because:1.

As for the accounting nightmare, it’s actually quite easy for a tax accountant to do the accounting - and significantly cheaper than paying for accounting/tax services for multiple LLCs.We have used Series LLCs having graduated from LPs in our syndication business.  

They should be able to perform better than a newbie to that product area but then they charge the acquisition fee, operating fee, and profit share bringing down the return to the LPs. 

Trusted and curated, global investor network but not only that.We turn your fund into a brand LPs want to back.

People are not able to get lending.3 sentiment fuelling itself4 gov limiting forgien investment.( Particular China.That's has caused a current drop in prices 7 - 10%The thing is amazing as it's very controlled to watch.Our inflation is lower than target rate of 3% now hovering at 2.5%.Our cash rate is historically low at 1.5% .The RBA trying to stimulate growth.Unemployment rate at 5ish %.Population growth is ridiculous.We are going through a slowdown in the housing market at the moment.The economic fundamentals interesting to watch.Plus the audience dollar is good hedge to the global situation.Culture of Australia is that everyone what's to own there own home. 

I am a current LP with them in their Texas UGro BTR fund, which has been halted for years, and is scaring alot of their LPs.

Pitch me, I put money into industrial LPs