The next day Rani (Apartment manager) called Mary's doctor and explained the need to possibly monitor the situation or what would be the best course of action. 

I understand an owner that monitors, but it is difficult when they don't trust my experience in these situations.

They are only used for drains and typically leaks in drains start very small and if monitored closely are less likely to cause major damage than a supply line.

Then determine how many cases you wish to monitor.

@John FaradyI have an associates degree in Electric Utility Substation and Relay Technician which allows me to work for a utility or be a contractor servicing industrial computers that monitor and control the power grid in addition to many other things like testing transformers, circuit breakers, capacitor banks, etc.

I don’t have the time to look for these myself, so how I monitor things is based on inquiries that I receive for properties we don’t manage but our name and reputation are attached to these listings that are quite frankly “too good to be true.”  

I can either put it in my employee retirement account which is not maxed out yet - (btw do I have to personally make sure I don't over fund this each year or is there some kind of monitoring going on?)

The state forums seem to have more local people and I think there might be some good peeps that monitor those that can guide you on some of the lenders they use. 

I pay the $25 a month plan so I can monitor subs who get their own codes and can be programmed on the internet.

The BofA's, Chase's and other Too Big's of the world have some pretty sophisticated systems in place to monitor and manage REO.