Not sure how viable they are in many situations but interesting to keep in mind regardless.Since I deal with HML regularly I look at a 3-4% up front fee as standard and if I can get it with out double digit interest and secured by 1 or more properties then I will take that all the time!

Al,As discussed in other threads/correspondence, we have a target of <=1K/unit for the monitoring / management hardware itself, plus a monthly subscription for the cloud-based head end which allow you to manage buildings/units/devices: write rules, have alerts send, etc.The bill-back capability - or, preferable, the ability to export certain event history information to an external accounting system, is not something we have done in-house.  

Given that I do not want to deal with those creative tenants that may not pay eventually and have to go through an eviction, so they're free lawyers or tenant advocates will advice them to use and make a digital payment, which would make things a lot worse in trying to reimburse them since if you receive or accept payment it automatically usually voids your active notice or eviction case and you have to start over.

I have heard about this 9 digit number but I thought it was called a CPN number.

Can you dig it?

I realized that if i was going to spend the same amount of time selling technology hardware i would rather sell or buy something that would be more profitable and still took the same amount of time researching.Needless to say within 6 months of starting the real estate investment company I bought my first triplex and from then on the deals just kept getting bigger and bigger.

Just about everyone you find within these digital walls has their own story of how they got into it. 

I work in a lot of digital spaces with web and marketing projects.

If high risk vacant commercial with big redevelopment risk then it better be double digits

MIT and the Boston Fed right now are researching the viability of a CBDC (Central Bank Digital Currency.)