The option is in effect only as long as the lease is performing.  

Yes, servicing is a cost of business and effects the ROI, the discounts I usually work at, $15.00 won't break my return.......it's all relevant.But, if you collect on a small note, I suggest you let an attorney tackle notices of default or hints to modifications......if all goes well you should have no issue.While you can hold a note long term, I'd rather see them pay it off as quickly as possible which increases your ROI and gets you ready for the next deal with money in hand.

As a real estate investor, you should communicate clearly up front to avoid any form of confusion.  

My ultimate "wants" are big and at times do not even seem realistic so I just focus on doing all I can now and hope the snowball effect is bigger than I can imagine. 

Advice needed on how to go about the process more effectively. 

I am going to write that on my white board because I should definitely keep that in my mind every day, "control my investments, track and stay on top of what effects my properties."  

It is having an effect on my COC return.ThanksTom

When California's masking law first went into effect in 1991, this legislature stated, "[i] it is the policy of the State of California to promote open access to public records.

I have not been responsible for the selling of our currrent properties, but Intend to change that and see what kind of effect offering something like a closing bonus of $10,000 gift card would have on selling properties at higher margin or (at least as negotiating tool).  

(a) A unit of local government, as defined in Section 1 of Article VII of the Illinois Constitution, shall not enact, maintain, or enforce an ordinance or resolution that would have the effect of controlling the amount of rent charged for leasing private residential or commercial property.Excerpt from: http://www.ilga.gov/legislation/ilcs/ilcs3.asp?