I routinely work with financial statements from these properties and wonder why I am not doing this!

They routinely chase documents in the final hour instead of upfront and fail to secure the proper paperwork on time. 

In my day when I did this we called those hypothecations.. and our bank would routinely loan 50% of our UPB.. and the hypothecation was done through the collateral assignment to the bank.and then when we moved into HML we have nice size credit lines for this we made a new origination and the bank took the collateral assignment as to 56% of ARV or appraisal.. that's how most of us HML did it pre 08.it was great we borrowed from the bank at 6 or so and lent out at 15 to 20 and made the delta..you get big enough lines and its pretty cool business. 

The main one is the second Monday of the month and there are other sub meetups that I am working into my routine. 

Now that he is in-school and has basic arithmetic skills, he periodically checks how much more he needs to make a down-payment on his first {rental} house  {being a minor, he cannot borrow on his own and definitely is not eligible for a high-ratio, insured mortgage, so he will need a 20% down-payment and the bank of Mom & Dad if he still wants to purchase a house when he has the funds}.We also use routine activities such as grocery shopping or fuelling the car/truck to discuss budgeting and how much it costs to run a household - at an age appropriate level.

That's where things change and get real uncomfortable and "scary" for most.

That's where things change and get real uncomfortable and "scary" for most.

It required routine followup with valuable information (initial contact was at an open house); however, I was able to determine values by comping MLS sales and networking with other agents.

Neither does it make one a charity or a tenant advocate to recognise that it is in a business's best interest to retain it's customers so routinely threatening to fire them is probably not the best client retention strategy.To your specific question.

That had to be uncomfortable, but congrats.