A counter-intuitive example would be a borrower who holds the cash equivalent to the UPB in the bank, makes great income and has never missed a payment in a majority of the term but lives in a run down shack.  

Buying these units based on the nice TK or worse yet the marketing agent has no skin in the game is in my mind counter intuitive.

I could be wrong, but my intuition tells me this could be a good way to expedite this process.  

In general, whenever I see someone do this, my intuition is telling me that they are wasting money and it provides absolutely no protection 99% of the time.

It not sensible or intuitive and it is a burden.

I'm trying to find software to help document properties using audio and video, and of course looking for software that is intuitive and useful because of its feature set.

@Julia Shevchenko @Brian GibbonsIt's intuitively obvious that offering an LO on an MLS listing that is not your property OR you are the agent of sale, is fraudulent.Put the shoe on the other foot;  Your home is on the MLS and some carpetbagger comes along and negotiates an LO you YOUR property. 

I see myself in the commercial world eventually since the analysis is more intuitive to me.  

-Jerry There are other considerations that Intuit (Quickbooks and Quicken My Rental Property Manager) don't address, namely: 1.

A model using real-world data, experience, and intuition is what yields good results.