@Gary Clisele - On fees alone, I believe it is cheaper to go real estate.

Are you going to go into a meeting and not have a pest/ roof/hvac report on this house you have under contract? 

One of those 5 loans has now completed a short sale, and I got back 94% of the principal (it hasn't hit my bank yet, but I'm sure it will), which represents the net proceeds. ...4 more to go.  

I have my sites set on acquiring 100 units by the time I am 40 (8 1/2 years to go and 94 units to go)...I am looking to connect with someone who also has a similar goal of buying and holding on a large scale like me.

Grab your favorite pancake lens and you're good to go!

Rates are obviously higher than conventional 30-year fixed, so will still try to go conventional if possible.  

You probably wouldn't want to use direct vented gas fired hot water heaters since they carry a bigger price tag, so if you use gas for hot water heating without direct venting your exhaust has to go through the chimney - there are sizing requirements for that and requirements for how to share a chimney; electric hot water heating won't have this issue.Then you have PECO to install gas lines and meters.

Future land use maps tend to go out up to 20 or 25 years at a time and can be periodically updated.

Do you need to go through a broker for a REO property?

How big do you have to go before lenders will give you non recourse loans?