A bird in the hand is worth more than ...........Home runs feel good , grand slams even better .But base hits all day long can win the game 

However, they have told me they have an interest in growing their portfolios in all markets as I may monetize my project in other communities.

You might be able to contact a portfolio lender IF the ARV is that high.

@Josh StackI would just mail them a very professional looking letter letting them know you are interested in purchasing their portfolio.

I joined bigger pockets to learn from people that have been successful in the buy and hold game and also because I have no idea where to start when it comes to doing background checks, marketing the property, and what I'm supposed to be tracking along the way. 

But portfolio lenders can and like them. 

I'm in the Washington DC area and wanted to know about any Local Banks that does portfolio lending including non-owner occupied investment properties that includes rehab cost or not.

Lastly, don't think about one market or house but your target portfolio -- maybe both markets make sense longterm.  

I'm finding many buyers that are able to withstand the upswing are adding on to portfolios because there some really aggressive loan programs out there for qualified borrowers with outstanding rates, while others, that may have more tenuous finances are hesitant. 

Intimidation is the most valuable tool a landlord can bring to the game.