@Tom R.I pay 2.5% for my downtown Boston properties and have been very happy with the service.

Since you didn't mention, I'll remind that you have to be a licensed real estate broker to do it and have an insurance, which is more complicated than your regular E&O insurance.This is a tough business and if you're doing just your properties, like 10-15, I'd really first thought it through before starting managing others in big volumes.

Some general guidelines:No foreclosuresNo bankruptciesNet worth > loan amountLiquidity > 9-12 months of P&IDSC > 1.25 (debt service coverage)Experience in the asset classThese vary by lender, borrower, and property.

I do not think any note servicers have the time to teach.

i've been trying to decide what online tenant check service to use. but i've been reading that some of these services dont give you the info they entered, such as social security number, etc. 

My post was more along the lines of things that might not be so obvious other than 50% for expenses, and check mechanicals for serviceable age remaining.

One is very personal, and the other very practical.First is an approach my wife and I have used regularly over our 20-year marriage when facing a big decision.

Then on the same day, I opened a marketing mailer from the company congratulating me on a recent purchase I made in Memphis and inviting me to use their property management services. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.

I do not view PM's as a needed service, I see them as strategic partners and use them that way.