But, I can imagine that many long term players are totally frustrated.  

We also discuss all the key players you'll need to create your virtual team because private lending is a team sport.

@Brian HunsakerI have 25 SFR and do mine on turbo tax.

However, subsequent increases in interest rates caused a substantial reshuffling, reestablishing New York and Los Angeles as the dominant players.

Really interesting to hear different viewpoints and the unfortunate challenges that face the PM community players.

In the current market, cash-out refis are dominating private money.

The first quarter of 2018 was the last time owner-users dominated net buying activity.

I am going to assume, then it might make sense to go with a major player in the dst's.

The institionalized players typically have 100-200 BPS lower rates than standard hard money lending players but they're clunky and have lots of requirements its almost like the instituional HML should be called "hybrid hard money or hybrid bridge money," because of all these requirements.When we're working with those instutionalized players we usually have to do almost as much work as a conventional loan (1-4 fannie, not quite but almost as much).If you'd like to learn more about the different options or get a sounding board on what options are out there feel free to reach out and we can talk shop.

I do however know a few people that have scaled up STR businesses here, like one friend/client who has 12 and there are some bigger players for sure.