However, these investors must be "sophisticated" either they themselves or through representation i.e. attorney, financial advisor ect.

Banks underwrite based on ratios, but their are a lot of sophisticated tweaks to make sure are in place with your original mortgage to ensure you're flexible & in the best position to continue to buy property.Would be happy to discuss further over DM.

I don’t buy it but remote possibility because seller is older and not very “sophisticated” at all about this stuff based on our personal experience.

With an investment property, sophisticated investors figure out what they want for a GRM, or NOI, or a cap rate, or a cash on cash return, or instant equity, and THEN make their offer based on the numbers they want.

But if you consider the area restrictions and the needed sophistication of the investor it may be considered less ideal for some.

You are able as a sophisticated investor invest in certain apartment syndication deals, however you are limited it doesnt mean you are not allowed.

Stop thinking small, once you have the 200k in cash, find a sophisticated investor partner who will also put up 200k (or more) and you can both own a 30-50 unit apartment complex that nets $100,000+ per year.

Sophisticated and accredited investors use Fannie Mae and Freddie Mac Small Balance loans, which are non-recourse. 

A sophisticated investor would NEVER buy an investment property in their personal name, they would purchase it in an LLC.

More sophisticated investors realize their not paying tax against THIS years income, their paying it against previous years income.