I could put it in the lease that I will perform biweekly inspections of the house, and of course I would require ever person living there to be on the lease. 

So the deal is not as home run as it seems, though still a solid investment if you don't have to knock out a bunch of capital improvements right off the bat. 

I am performing light renovation, rebranding, and implementing new management, and will refinance to roll the original cash into another deal.

What task is the service dog trained to perform? 

Decided to hold once market improved.

The market will affect someone who plans to buy Non-performing notes in attempts to try get it re-performing as opposed to the investor who purchases performing notes for passive income.

Also when you do any outside improvements make sure you contact me so that I can approve the colors and patterns.

I did find a couple of things that needed improvement, and I was able to send her a follow up email (with three compliments / affirmations of specific things she's doing great, and then two constructive suggestions) to let her know what I found.Let's stay in touch!

If these funds have non-performing assets on their books, and LPs start withdrawing their money, the funds will be forced to liquidate their NPLs en masse. 

I believe the value is higher than it was when we bought because of the rent increases and improvements we have made, but value can be subjective depending on the metric you are using (or more specifically what metric potential buyers would use), whether or not that be using comparable sales, cap rates, cash on cash return, the 1% rule, etc...