Locally we typically purchase distressed properties and perform a deep retrofit with end results being a 40 - 75% improvement in energy use depending on the state of the initial envelope.   

If so, what brandAny time you're dealing with new wood you can tell if paint/stain will adhere by performing water test. 

From my understanding HUD requires you use an advisor to help estimate repairs and draws are given as the work is performed.

Assistants, virtual or inhouse perform their work based on direction from the owner of the business.

That would be quite a hit.According to this article: http://finance.zacks.com/relationship-between-stock-market-real-estate-prices-10244.html, it doesn't appear there is a direct credible correlation between the performance of both markets: ...there's no confirmation of causation between stock market indexes and demand for homes or their prices....The strength or weakness of the U.S. and global economy appears to influence both stock and home prices.

He self-manages and performs all other functions for the property such as leasing/marketing and most repairs and maintenance, except for hiring contractors for minor jobs totalling less than $1,000 per year.  

Just make sure you get an itemized and finalized assurance... from the plumber, not the paint manufacturer... and ask to see some of there past perform....

Isn't past performance a consideration for these kinds of investments?

compared to non performing or performing notes ?

Qualifiers only needs to perform his duties, that is, to make sure that the company is operating correctly.