It made it easy to check up on things and we obviously knew the neighborhood really well. 

I love having access to capital, that equals access to opportunity. 

So they can access the funds   Otherwise the assets will be locked in probate.  

@Sonya Brown sorry but where would I find access to courthouse docs or Randy?

That easy question to answer will be a really great litmus test in your due diligence toolbox.If you are evaluating a REIT, it would be wise and prudent to do your homework and select the appropriate professional to guide you.

Direct access to MLS data, multiple solutions for sellers (off market cash deal or listing), ability to rep. yourself on your own deals (saving on commission), and of course, education & networking.Having a license costs $$$ though.

I just gave him some easy round numbers on the deal, and he said it looks great.

Having a PMS with automated reminders has been a game-changer for us too, making it easy to manage renewals without much manual follow-up.

No experience with non performing notes.My idea is to buy these notes with the primary goal of accessing the property through foreclosure, knowing that there are several other possible outcomes.

@Alex Del Rio welcome and congrats on Real Estate Professional Status (REPS) this brings with it a lot of tax benefits that you didn't have access to before.