When it comes to buying and selling, I am told by many to enter as a "principal" only and not a broker/trader; and start doing business with institutional investors for a variety of reasons: their immense access to capital, experience, and even some coaching along the way.

The notes available to the individual small investor are the ones the institutional investors, equity funds, and individual bulk purchasers have looked over and rejected2.

Thanks For an institutional lender, we're going to look at the total value of the properties as opposed to the dollar amount of what the value is vs what is owed.

No wonder, hotels and Class A properties in A locations (100+ units) are "institutional-grade" assets.

Depending on number of units, this might take too long.Else, you could go to an institutional lender and get a bundle loan for 75% ltv or so.  

Lending institutions have their own operating policies and procedures for loaning their money based on their perception of what is prudent (for them) and what is not. 

You can qualify for delayed financing as long as: The cash used for the original purchase is documented to the bankThe new loan amount doesn't exceed the property's original purchase priceA title search  shows no new existing liens on the homeUsually the institution that offers this type of financing option will seek fraud-prevention measures.

This decline in enrollment will hit various institutions differently (see Sweetbriar College).

Urban Land Institute is a good resource. 

As the underwriting institution, I feel like this would be a valuable proposition since the upside if quite huge in case I default on the loan.