I think the more important question is not who owns the note, rather who is the asset management company who is repping that agent. get to know the local players in the industry and they can typically tell you who handles which accounts...Get to know the asset management companies, and know who their clients are... it will provide a framework to build on...

Here are some of the things that I do for them:Prepare and update budgets and timelinesPrepare or review vendor contractsMake sure W-9s, insurance certificates and lien waivers are receivedAssist with preparation of due diligence itemsOrder surveys, appraisals, inspections etc. and make sure they are received on-time (or sooner)Review and prepare closing documents for signing (after received from the attorney)Coordinate closing with broker, real estate agent, title company, lender, etc.Full charge bookkeeping including A/R, A/P, FinancialsPrepare and submit draw requests to Lender's for payment of contractorsThere are a lot more things I can do for local clients, such as meet contractors to receive bids, check-in on remodel sites, etc.Usually the REI's locate the properties and do comps themselves.

I will simpily advise my client to set the purchase price a little lower than normal to show appreciation for a good tenant.

One thing I counsel clients on daily is the risks of that language in the mortgage which says, if the property is conveyed to another entity or person, they can call the note and foreclose...

I have now told the tenants that if anyone that I recognize as a druggie is seen in their apartment by either me or the police, they will be kicked out.

Yeah, like many scams in our industry, but even though authorities are recognized like a scam, they still didn't do a lot to persuade people who started all this.

We give customer/clients complete disclosures in writing as to what can happen and what we will be doing.

The seller’s agent is obligated to protect the interest of his client not you.

I always refer my clients to Lexington Law Firm they are inexpensive and they get results if you are patient.

Furthermore, their circumstances and motivation for selling will vary from seller to seller and it would be absolutely distrastrous for you not to recognize that by communicating with every seller the same exact way.It would be the equivalent of trying to fit a square peg in a round hole.