I have not attend the particular school mentioned here, however official schools that teach classes for state licensing are monitored and approved by the state itself.

Its great.Also, I really appreciate the way it is so heavily monitored, and watched.

It's nothing unusual.Don't see why it should be an issue.Not sure that banks have the resources to monitor their commercial borrowers at that level.

Repairs/Maintenance isn't something that is decided on a whim or with a percentage rule in mind, it's closely monitored.

Still, these people come with reoccurring drama.

A majority of this country has no self control when it comes to saving money and monitoring (or making the tough decisions to improve) their financial situation.  401k, Social Security, even tax refunds are for people who have no control over their own urges to spend money. 

And monitor expenditures for materials on a per unit basis.

You would be wise to learn from local operators who enjoy success in the markets you wish to trade in and seek their guidance as to what drivers they monitor the most.To give you some guide, I am at present, after more than 30 years in this business in Australia, looking to enter the market in the USA.

By not discussing active deals, taking time to have those dialogues to establish knowing your customer and determining suitability for these types of private placements, recording these conversations (CRM tool), its a process and important for the investor as well as the sponsor, which also helps support any future regulatory reviews.Lastly, I will note that the deals should be presented to investors from the issuer (key principals w/actual roles separate from mere marketing / selling the deals) or licensed reps of broker / dealers who can market these types of opportunities, take qualification exams and are heavily monitored, regulated.  

Fez.There is a common sentiment that social media is helpful but monitoring, getting qualified lead sources ("where did you hear about us?")