Also lenders on revenue will not have as great of rates as those lending on market value of single family.Lastly you can make numbers do what ever you want especially when you start off with omitting expenses.... comparing rent by the room and a standard single family is apples to oranges.

RE exposure will be there, just not this large allocation that BP thinks. yea and they are not stupid either because they know each local RE has more dependencies to supply-demand dynamics rather than interest rate alone.this is why even for hedge fund, they only purchase in certain area in bay area only like in cupertino or sunnyvale where it's good school district and next to Apple.

Be sure you are comparing apples to apples when others are quoting you a specific cash return number.I hope this is helpful, and I'm glad to get on the phone and chat in more depth.

I suppose there will always be bad apples like in any other industry.

Barnes & Noble CONTACT Purchase order department 1-212-414-60004.

DMM is dying, CC is for people that just don't know better.You don't see Apple, Nike, Samsung, do DMM, cold calling, or knocking on doors right?

Most of their ARVs are high and they claim to compare apples to apples but that is not how the appraisal game works. 

Thanks @Henri Meli  and big thanks to Seth Williams, Jaren Barnes and the RETipster blog and podcast.

Another point is that we should make sure we are comparing Apples to Apples.

On my first round of RFQ, I was seeing apples to oranges, then I sent them another round where I defined line items, it actually was higher, then I gave a third round with line item and max allowable price, then only one was interested. lol.