The notes are all on commercial properties (office, warehouse, shopping center, mixed use or sometimes multifamily)The properties are either vacant or occupied by tenants, not owner occupiedThe property value is usually higher than both the UPB and the legal balance, sometimes significantly higher than theNow it is important to mention that I have very little experience with issuing notes and buying performing notes.

Or is it ethereum or maybe a mix?

You may not have this problem in NM, but here where those letters are reversed we have bitter cold winter to consider.

I like Columbus, Ohio for the great mix of both. 

The lender may want a certified letter from the accountant to verify this fact.Best of luck!

However, I’m wondering if I need to engage an Attorney a borrower has missed a payment and it’s time to send a Notice of Default.Must the Notice of Default (NoD) be a letter sent certified mail or would an email sent to the borrower notifying them of non-payment be considered sufficient as a Notice of Default.

Years ago I have sent yellow letters to 1,000 selected addresses in a suburb of Milwaukee.

Are there any good outlines or templates for an introduction letter to the tenants, or any major points I should make sure I put in my letter?

Do all contractors or PMs give you an Additional Insured insurance letter? 

I don't like mixing the two - it can get messy if he stops mowing due to mechanical or health issues, etc.