After getting all of the facts, I informed her that I would be changing the codes on all of the door locks and asked her to file a police report to have on record.  

We own the equipment, and told them after 6 months, they can pay for the service on their own (which automatically calls the police) or just use the equipment as a general alarm.

You can read about it here; if you google search you will find news video as well:http://theweek.com/speedreads/546160/police-device...

I can't believe it took two nights and the day in between of constant partying including a 100-person party bus and 7 visits by the police for someone to contact the owners!

Did your neighbor report the incident to the police?  

I did notice they said my system needs to be registered with the police in the city I am installing it for the monitoring to work.

We had to keep the footprint and a certain percentage of the old material to keep the tree police happy.

I spoke with the police about the problem they stated that its the people living next door to my property who the think is doing this home robbery.

:-)Yes, I realize you are upfront about this, but the fact is many people are attracted by those numbers that you admit can be a joke; and then when they see they are bogus, they get turned off to the legitimacy/honesty of the wholesalers posting.IMO, it is in your best interests long term to figure out a way to police this.

The police won't be able to help you unless you have evidence of who it is, and if you can get a license plate number then you can back track the issue.