Are you simply contacting contractors and trusting they are doing as what they are supposed to?  

I suppose they're coined "commercial loans" because they're more business purpose in nature and funded by private institutions not backed by the government sponsored entities. 

So I suppose you could release your option on it in exchange for an option to purchase his replacement property (in other words you don't want the property you've got an option on but you can hold him up because he has a buyer now. 

If you read the fine print of the terms, you will find that if you move-out of the house (particularly if you acquire a new property into which you will be moving) you are suppose to bring the LTV of your initial property to 80% or lower.As @Jordan Clermont hinted, lenders seldom follow-up on this - unless you are trying to secure a second high-ratio insured mortgage.  

I suppose once you submit your "note buyer vendor package" to them, showing you are qualified to purchase notes, have the financial wherewithal (your financial spreads), have the capital, have the policies and procedures in place, and the experience to manage NPPI data, maybe they will talk to you.

Supposedly the tenants pay on time, but there are no written lease w any of them (and never have been!). 

I suppose it depends on your goals.

There's been discussions in the past on them: Past discussions erentpaymentThere is also a recent one: Recent erentpayment discussionI myself used ClearNow for several years and quite please with it: ClearNowI heard erentpayment had financial difficulties at one point, mentioned in those past discussions.There's one often talked about called Cozy that is supposedly fee free.

While the PM supposedly walks the property every 3 months, it's been us at various times who has discovered dogs not on the lease, an unkempt yard, and now lawn replaced with gravel without permission. 

My common laundry room specifically says you can’t leave any clothes sitting there for any time - that you’re supposed to set your phone timer and come back within 5 mins of the cycle ending or wait in the room.