Either way, most banks have other programs that could help you out.

I am a software developer and I authored our current software, so interfacing to their API is not really a big issue, but I am not sure if anyone is familiar witth the process of using an API, If you arent familiar with the good ol nitty gritty programming, you arent going to get very far before pulling out all your hair.

There is no additional "risk" on the note like a demand clause etc, but you have  extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.  

Always ask tenants to check to make sure it is locked.Another disadvantage is that you have to change the batteries regularly.Another disadvantage is you have to spend quite some time programming the locks and tracking the code3.

There are different programs for 1-4 units, 5-8 units, and so on.

It is extremely hard to find programs for 0 experience simply on the 1-4 unit side of ground up construction. 

The results of my students were about the same and they would create about $100,000 of increased net worth during the coaching program.

There are a lot of high character folks who get sucked into garbage Co-GP style guru programs.

After graduating in 2015, we moved to Oahu, where she completed a one-year AEGD program.

I agree that working with people is easier and more cost effective than the alternative.As I read this, I'm considering creating a Cash For Keys written program that I can give my tenants at lease signing to remind them to come to me rather than just stop paying.