You never know how the sheets will be split between parting partners.Avoid potential issues, hold all major players responsible, enforce terms jointly and severally, take the position to collect amounts due from the most economical path in a timely manner.It's prudent lending practice, failing to do so is poor management identified by regulators for insured institutional lenders if major players are not held responsible.

I am a team player, who strongly believe that 'teamwork will make the dream work.'

Is this title company a big player in Milwaukee or a small fry?

That way you will be swimming in the deals you're looking for and will get to know all the players in your market.

The "Special Invitation" I was mailed offers a free MP3 player, a chance to win an iPAD, and FEE gifts from his sponsors.

Here in the east you will see both, but there is a preference for Power of Sale by the institutional lenders.Here you will see small multifamily (1-6) come up as bank owned, but not the mid-sized to larger buildings - as you indicated, they usually have someone in second and/or will be sold off - often to a big player such as Killam or Brookfield - before going down the path of foreclosure.

You know and start to pick up on the "GAME" Players, "TIME" wasters and my favorites....the "WANNABEES."

I think we have to determine this before we can attempt to understand the new concept of "Institutional Crowdfunding".It sounds like Institutional Crowdfunding of Loans is just a new name for the same old players but may now include Hedge Fund Operators that have made themselves "accredited" and without "accreditation" you can not participate in buying into your slice of the Institutional Lending Pie?

Which players are considered a necessity and which ones are optional?

It's actually kind of cool to have all these rookie cards and then see this players retire and enter the hall of fame.