Once you get over a certain amount of capital it becomes hard to effectively allocate it.If you don't run into that with 1mil, you will as you keep progressing.I think you owe it to the family to speak honestly to that.That's the reason most large institutional investors have a hard time in the SFH world and focus on larger, lower cap rate investments.

Companies like Doran, Sherman, etc are getting gov't bonds and tax credits as well as cheaper institutional type investors for the capital stack. 

I have a responsibility to the financial institution.

& @Nicole Heasley, FACo is a very large private institutional lender.

Is there a benefit to using a local institution vs and Online institution?

They want $5K certified check up front to close on her house she is already living in.I can't get past the point that her own lending institution is charging her $5K up front for closing when closing is nothing more than telling their computer system to drop her rate a smidgen. 

Institutional mortgagees typically don't mess up on this for normal foreclosures.On final note, the law on this topic can change pretty drastically depending on the state and the federal circuit.

My cousin is a midlevel manager for one of the larger institutional players and consults large big companies - he lost a beer to me in a bet as he did not believe it could be done!

Insurance institute recommends original pine-sol after a flood.

I have never owned or dealt with real estate during the 2008 crash.My question is: Will the lending institutions close their doors on all lending programs or most lending programs during such a time and make it difficult for me to re-position the property (even if the deal was looking great from a lending perspective)?