Excellent explanation. To add on, for those that want to learn more I found this book to book to be excellent:

https://www.amazon.com/dp/B01M0UDZ4D..._qfSYFbMK4W0M4

Several airline pilots have gone on to be Deal Sponsors/Syndicators. It's tremendously more work than being a passive limited partner but one can build quite a bit of wealth after a series of successful deals

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