Raising a small friends & family fund to cover deal costs?
I am looking to raise a small fund from friends and family (likely $50-100k) simply to cover deal costs, a la traditional searchfund but much smaller and (ideally) without many of the bells and whistles. I'm wondering what tips, advice, resources may be out there for me to weigh here. What can I do differently (read: less costly) than a traditional searchfund, considering the nature, size, and source? I'm sure I'm not the first to go down this path - I'd love to hear from anyone else who is approaching their search this way.