We prefer to work with local financial institutions that service their own loans.

But as I began growing interested in real estate as a form of passive income I was advised that credit is akin to a résumé for financial institutions.

I am a recent graduate from SAIT Polytechnic: Southern Alberta Institute of Technology and currently working at Telus as a full time Switching Technician.

Is it different if the mortgage comes from a big name bank versus a more local institution ?

Enforcing it with this particular institution from other lessors has often not happened. 

Who is your primary tenant population: students, workers at a local institution or factory, retail workers, working poor, etc.?  

don't forget there are other avenues to get money than using institutional money!

At no time in the debate to allow this fee has anyone from the property management industry and their trade group, Community Association Institute (CAI), offered evidence of what these unreimbursed expenses were to warrant any fee let alone fees averaging $350+.

Then if a certain institution can do the loan, you can let the buyer know which lender can help.Ashley

I used Rockwell Institute for my hours.