I reach out to a lender, submit the application (or verbally relay my information over the phone to avoid another hard inquiry), and when I ask for an estimate of rates, they disappear or take an unreasonable amount of time to respond and follow up is non existent. 

We've had a non-paying tenant in one of our units before, and by the time we were able to evict her (for legit non-payment), we were out thousands of dollars (she also happened to be a client of the illustrious Pine Tree Legal... they will cost you money, no matter how perfectly you try to adhere to the rules).

hi all,I have 2 judgments that I received from non paying tenants. one is for 700 and the other is for 3500.

Those are run by trusts and non profits.  

Because those that doing well is just lucky , get a damn good price on a great deal, or making sure there is much demand in that particular area or plan on buying many homes quickly to reduce their risk of any vacancies.   

Regardless, you will want to find a broker that you like working with and specializes in a particular product type with experience doing 'Investment Sales' within that product.  

I wonder if when 'rich' people leverage, if they do in ways that they aren't personally responsible for the debt (e.g. non-recourse). 

Whenever I go to the marketplace, one particular listing is always on top.

The BP meet-ups are terrific, I particularly like @Paul Choate 's meetup on the 4th tuesday of each month. 

They have to hold money in reserves for non-performing notes that they can not lend out. it decimates their bottom line so unless they have to,they won’t.