I've known institutional investors who have basically purchased city blocks over a decade or two for their next "big" development project. 

I assume this part of the process is done with a financial institution and that there are credit metrics to meet to get this REFI done.

I agree with @Francis Faucher completely.Definitely not worth it to swap business models if one is working well, would be silly in most cases.A few investors and agents on my team in MA are operating in the syndication space putting investor capital to work with great returns even by today's market.

Hi Ly Ma,I have lived in Reno for over 20 years and have seen many changes over the years here and with all of the industry like TESLA moving in here hopefully some good real estate potential.

The info says it's an H2 Zone and can be single and multi family or civic and institutional use.

Wall Street has proven their model of stability in the residential RE market post-crash, and if there is another black swan event like 2008/09 there will be a ridiculous amount of competition from large institutions. 

I'm in Northampton, MA, and am interested in investing in and out of state starting with fix-and-flip.I'd be grateful for your sharing  

"Real" real estate education is found in real estate agent and broker courses, both initial licensing and CE, certain colleges and universities, courses offered by legit organizations such as Appraisal Institute, CCIM, BOMA, NAR, CRE, MBA,  etc., textbooks on real estate, real estate law classes, and SOMETIMES in education offered by REIAs.

Listing inventory looks to have a trend that is counter to most other markets in Massachusetts; usually inventory increases in the Summer and lessens in the Winter!

The preference would be anywhere within an hour or so drive of Woburn MA but I am having trouble finding deals that pencil out.