Instead of this, I find it more helpful to look at percentile performance across the market for a specific asset type, and also to check comps.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

MF can only be sold to an investor and it’s based off its performance.

And (B) it's a beautiful setup for big probability of snagging it post default, be it from the regional bank who financed it or whoever J.P. has entertaining liquidations when they take over asset's of the regional lender. 

Will add though, that a good PMC will immediately alert an owner about what their property really is and the expected challenges.Unfortunately, a decent portion of the time we do this, owners either don't want to believe the Evaluation Video we send them or decide to sell.realistic expectations of performance through different asset class's is key to happiness  

Performing or non performing or both2. 1sts and 2nds ?

Connections, luck... contractor at the time was problematic and not delivering which gave me the opportunity to out perform.

We are real estate rookies based in the beautiful Seacoast area of New Hampshire.

Every other month it was spot on 12% return.Having said all that, I am currently experiencing some lag in performance with their new AHP Servicing fund which just opened to new investors November 2018. 

We have an interactive map on our platform that will show you how specific zip codes are performing!