They don't try to sign you up for monitoring or anything like that.

Who is it that monitors that I do not simply rehab and rent out the house?  

The end goal is to have something so we can leave behind even after the rehab is done. 1) change out locks when key is missing; Kwikset smart key, it can re-key seem to work fine.2) security system (monitoring or just stand alone) Camera would be nice. 

I hadn't been monitoring these calls, because I expected him to be rocking and rolling after our training and training wheels period, and continue to build his skills. 

It will take a detailed system to plan and monitor your project so that you can be successful and finish on time and on budget out of the gate.

Who pays for the monitoring?

Hi everyone,I've been monitoring the Dallas market for awhile now.

So I would say you should pick an area where you can build a good real-estate team and can monitor the changes easily.

So, here are the “main steps” to getting going in NPNs as it relates to my strategy as I see it:1.Find prospective NPNs for purchasing [obtaining from inventory of a company like Granite]2.Perform due diligence on the NPNs [understanding the defect and why note is now nonperforming]3.Analyze the NPNs that survive diligence [crunching numbers re upb, cost of servicing, etc. to see what max price I can pay while still having a reasonable chance of obtaining my desired yield]4.Negotiate and purchase the NPN [finding the “highest price I will pay for it”]5.Park the NPN at a servicer6.Instruct the servicer to contact the owner and begin rehabbing the NPN7.If the owner is amenable and an agreement can be reached, monitor the note until it is seasoned and then begin marketing the rehabbed note8.If the owner is not amenable or an agreement cannot be reached, foreclose on the collateral9.Regardless of which avenue was taken (either selling the rehabbed note or foreclosing), go back to step 1So here are my questions:1.How do I ensure that my steps 2 and 3 are thorough?

Serge that is great this deal you were telling me about awhile back is coming to close.I might monitor ownership for a few months and implement the plan over time.What do the new tenants units look like compared to the loyalty tenants that have been there for a long time??