December 23, 2019

John Parrett
Manager of Preferred Income Manager, LLC
Bridgewell Preferred Income, LP
2400 E. Colonial Dr., Suite 200
Orlando, FL 32801

       Re: Bridgewell Preferred Income, LP
           Post Qualification Amendment to Form 1-A
           Filed December 20, 2019
           File No. 024-10687

Dear Mr. Parrett:

      We have reviewed your amendment and have the following comment. In our
comment,
we may ask you to provide us with information so we may better understand your
disclosure.

       Please respond to this letter by amending your offering statement and
providing the
requested information. If you do not believe our comment applies to your facts
and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response. After reviewing any amendment to your offering statement and the
information you
provide in response to this comment, we may have additional comments.

Post Qualification Amendment to Form 1-A filed December 20, 2019

Management's Discussion and Analysis of Financial Condition, page 45

1.     Please update your MD&A discussion for the six months ended June 30,
2019 and for the
       years ended December 31, 2018 and December 31, 2017.
        We will consider qualifying your offering statement at your request. If
a participant in
your offering is required to clear its compensation arrangements with FINRA,
please have
FINRA advise us that it has no objections to the compensation arrangements
prior to
qualification.

        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.
 John Parrett
Bridgewell Preferred Income, LP
December 23, 2019
Page 2

       You may contact Jonathan Burr at 202-551-5833 or Brigitte Lippmann at
202-551-3713
with any other questions.



                                                        Sincerely,
FirstName LastNameJohn Parrett
                                                        Division of Corporation
Finance
Comapany NameBridgewell Preferred Income, LP
                                                        Office of Real Estate &
Construction
December 23, 2019 Page 2
cc:       Kevin Kim
FirstName LastName