Another interesting thing is that while Google may know how many people are interested in RE at any given point in time, you also would be able to get similar data by monitoring blog page views and number of newbies joining BP on any given day.

Then monitor listings, rental prices, for sale/rent signs and ads for those areas.Once you get familiar, expand out to 20 mile radius.  

Newbies shouldn't be looking to try and setup servicing software solutions as in darn near every situation the newbie is not up to speed with the large amount of compliance that goes with actually servicing a loan.  

An investor needs to know the following, and then it will make the decision to use hard money a lot easier:Use less of your own cash than a bankClose quickly, and use that as a negotiating toolKeep all of the profit, rather than splitting with a partnerStay in control of your deal, rather than having a partner to answer toBorrow the repair fundsWash, rinse, repeat.Hard money is not the solution to every financing question but as an investor you need to understand the proper uses for hard money and then it becomes a simple analysis of your particular situation.

We both have had great experiences with each others services so we are part of a turnkey solution for investors!

Baltimore GCs may have more insight than I do but it sounds like a cookie cutter solution to increase the cost of the rehab. 

By not monitoring the note at a minimum of monthly, he could have foresaw the foreclosure, filed it first, making him senior lien holder, and could have then made payments on the first while he arranged for sale of the property.

@Pete Sailhamer I'm trying to think of solutions to your problem.

The link is directly below in "related discussions".This argument rages back and forth on BP with no solution but hundreds of posts. 

As I start building my list I would love to have a simple solution aside from Word & Excel if possible.Thanks.