I first discovered BiggerPockets through their amazingly entertaining and insightful podcast.                                                                            

SandBox.[3] Less competition with Syndication or Institutional investors.I think from management point, 50-60 unit is better as you can higher full time manager... but again thinking about 3 points and that forcing me to go for small.What is your suggestion?

They are hands-off, institutional grade real estate investments, and they allow you the option to diversify. 

I'm sure you'll find yourself getting less and less sleep the more you discover the power of this site.

In my observation I have found that institutions tend to have strengths and weaknesses.  

I know there is an extra step there to cash-out in an emergency, but we have significant account balances available in an emergency...My discover card provides me a FICO score each month - should I print off that estimate for the binder as well (I know they'd ultimately run my credit before loaning me anything - it just seems that I'd be better off sharing my credit rating up front to help show the bank that how serious and credible I am...Should I bring in our analysis for one or two of the recent deals we've looked at?

Of these 46.4M have mortgages or debt (about 2/3) and 26.9M are free and clear.Owners 65 year or older have 44% of the housing wealth while only owning 30% of the housing stock.These stats provide interesting options for seeking houses with no debt.The full report by the Urban Institute is at:http://www.urban.org/research/publication/how-much-house-do-americans-really-own-measuring-americas-accessible-housing-wealth-geography-and-age/view/fullreport 

I have helped with an institutional tax lien portfolio before and I can tell you that a lot of metrics used for typical investments can be tough when used for tax liens because of the unique nature of the flow of funds.

Hi Account ClosedBy portfolio lender, do you mean private lender, or an institution that holds paper on their loans, or both?  

Marque Walker from my personal experience most institutions will loan up to 80% LTV minus your primary mortgage.