You might think that scalability would be severely limited at a nonprofit, but I've heard that there's room for considerable upside at certain nonprofit institutions with large endowments.

Because a lot of multi-family buyers are institutions who have to keep their capital working, they didn't really have a choice to sit on the sidelines, so cap rates just kept dropping and dropping.Buying at a 5 cap doesn't sound horrible when long-term treasury yield are under 3%, but now that interest rates are rising and investors can get lower risk investments at higher returns, this is going to force cap rates on multi-family higher. 

The blog caught on fire as the mortgage crisis started ramping up and I was getting calls from people all over the United States asking for help getting in contact with people at large lending institutions in order to work out a deal on a foreclosure.I started making some decent money online not really doing anything, and absolutely not showing any houses.

The savings in operational costs alone makes it appealing to institutional players.  

I do not believe segregating rents that are not mine from income that is mine is specifically required by law, but the situation is similar to what would be required of a landlord holding a tenant's security deposit.Washington landlords have three different choices for storing a tenant’s security deposit:Place the deposit in a trust account, set up by the landlord, which is only for tenants’ security deposits.Place the deposit in a state or national financial institution, which includes banks, trust companies, savings and loan associations and credit unions.Place the deposit with an escrow agent, who is licensed and located within the state of Washington._____________________________________________________ "Are you just legally required to pay back the true owner if they come a knocking within the window of time?"

Some institutions treat convenience checks as cash advances, some don’t.

College degrees from reputable institutions in fields that are in demand are still excellent investments, and if being forced online brings the costs down, so much the better.

Look, I want to be an entrepreneur and I want to own my own business and invest in real estate and an institutional education is not a DIRECT prerequisite for any of those things but it helps.

@S ThakkarI list the pros and cons in my new book on Amazon “Buying in Bulk: How to Buy and Sell Single Family Rental Portfolios like an Institutional Investment Fund”.Links Construction is the premier Multifamily builder in DFW.

@Jennifer Botello,Check out Urban Land Institute - ULI.