Seriously, it's horrific, the negative performance numbers are giant becomes screaming "run away, run away". 

At this point, an entity I created purchased the non-performing note from a private lender who originated the note.Because the borrower wasn't required to make monthly payments, we had to wait until the note maturity date to start the foreclosure process.

As Amish Tolia said you were light on some stuff but conservative on others and overall if it’s in good shape has a chance to perform nicely, especially if you included the debt service from the HELOC.If stuff at these numbers is attractive to owner occupants as opposed to just investors then exit is much easier (and more profitable) and you have a few thousand in pay down to include in your overall return.

Hello @David HyamsInv have you tried Calley and SwiftCall I know few people who are using these and are happy with the performance.

I do have one in Houston, that has currently suspended the preferred return and is evaluating the property performance on a quarter by quarter basis.

Most CRMs will be able to perform basic capabilities (scheduling tasks, storing your database, etc.) and if that's all you need you have plenty of options.

A lot of the books and conferences are mostly "what is a note and why invest in notes" level info.I hate to say it but the best ways to get started are:- Get coaching / mentoring from someone- Do a JV and reverse engineer what the person is doing- Buy performing notes and start learning with something easy- Buy a cheaper NPN and learn by doingIf you have a specific question myself and several others here can probably answer it.

Example: a gfci outlet tripped--simple reset can be performed by the tenant themselves.

... long story short, in my area of employment, wherein background searches are frequently performed, social media content is searched on persons of interest.

The 50% rule is valid, and used by experienced investors for deal analysis because it works, and is surprisingly accurate across a wide spectrum of properties: https://www.biggerpockets.com/...It's common for listing agents to paint a rosy picture of a property's performance.