Startup/vc fund investors: what are terms to look for or watch out for in LP Agreements?

First time venture investor in a new fund - I have a high degree of confidence in the GP team but anything I should look out for in the documents that would be a red flag for any of you more experienced folks? I.e. limits on expenses/discretion in certain areas. It's a 2 & 20 with a "European waterfall" which I'm told is quite typical but people always say that. Not seeking legal advice, just things that you might (a) like seeing or (b) dislike seeing in your binding investment docs when investing in a fund. Thanks!