Success is not about consistency, it is about a feedback loop.You take an educated first guess (or an initial value) feed it into your black box, and you monitor the result.

I think the key is closely monitoring the senior lien to ensure homeowner stays current.

I understand the benefit of "check book control" but am a bit intimidated by the need for an operating document and the risk that an audit would determine a payment disallowed and my IRA standing suffer.I've bumped up my Personal Umbrella policy to a 2x multiple of my net worth and like the comfort that I have a custodian monitoring the transactions.Most of what I've read speak to the business benefits of the LLC, where you earn, spend, then tax vs. traditional earn, tax, spend and I certainly appreciate how the LLC would be beneficial outside of the IRA.I am sure I'm missing something...

Any monitoring on this stuff?

Wi-Fi enabled sensors will soon be embedded into nearly every product so "owners" can monitor the data the object sends.

Additionally, we monitor property taxes to insure payment.

Leverage their experience and their infrastructure, and have a truly safe, passive investment.

It takes quite a large difference to be considered fraudulent.A moderator is someone who monitors posts and encourages community involvement in the boards.Offline, I'm a full time tax accountant.

If you are talking about putting four or five homes on 200 acres that's one thing, and if you are talking about fifty or more homes and a well developed infrastructure, well that's another.

That said, I wonder how many are monitoring what it said about them on Bigger Pockets??