Link to
CryptoREI's thread.
Haven't yet read the thread and business plan in full, but I don't see much info on the owner, nor on his experience in the field. And the whole proposal looks hastily and sloppily put together.
I understand, however actually talking to the person originating the fund I feel much more comfortable providing seed capital.
It's always a plus too that he's not far enough I couldn't drive down and break some legs should things go south (Joke).