I would first define your goal with these properties.How long are you looking to hold for??

Hes Definately the man you want to listen to.

Make sure you are dealing with a broker who understands multifamily and specializes in it.If you just use a regular broker/agent that is not a specialist you can leave money on the table and get caught up in a bad deal.You need to define a good deal??

Look at the Tea Party -- whether you agree with their principles or not, you should be thrilled that a group of people had the ability (and the freedom) to come together to define a set of ideologies and promote those ideologies on a national platform.One day, the Tea Party, the Green Party, the Libertarians, the Constitutionalists or some other group of like-minded folks will grow enough of a following to rival and perhaps take control from the two major parties in this country.We should embrace and encourage that, not try to quash it by saying things like, "You're throwing your vote away."

And what defines "large?"

I am by no means a big-tme RE investor like many on BP, so I don't have a broad range of experiences to draw from.

You will have to define your style and the type of landlord you want to be.

Well, residential mortgages are defined in the SAFE Act, for one, unless revised since I read it, being in the business puts you in a different pot than dealing in your own portfolio, as that is exempted.

A POA can be very specific or very broad in it's language.

I am not an expert note investor.I do have friends that are and the first thing I would do is define what notes you are trying to go after and what is your hold and exit strategy for them??