When I decided to find a new real estate accounting software platform in the fall and finally untangle myself from the nightmare of Quickbooks, I had no idea it would take me this long or be this complicated.

So, annualized returns fall as the decades roll and you slowly pay off the mortgage. 

Good time now that rates are falling and property values are ready to start another climb up.

As a banker I look at the final loan and a $220K on the refinance on a 30 year using 6.875% (even with rates falling 80% LTV NOO) as a rate you are at $1,445.24 P&I. 

It sounds like you're speaking from the perspective of if the Tennant falls on hard times.

This setup may work for investors who want to remain somewhat involved, but it can fall short for out-of-state owners looking for passive income​From your description, it seems you have a system in place for these foundational services.

That's the category of lender you want to avoid falling into.This is a roundabout way of saying if you can show real value to your borrowers by understanding their business you will attract the best quality borrowers with the best collateral and can charge a premium for your services because they are the borrowers who understand what's most important in a lending relationship and its not solely the rate or origination fees.

So It all falls on the borrower.

Gold/silver falls into that category as well and is more stable, has a long history of value retention and can't be hacked or generated from a computer. 

Everett Where in Klamath falls?