A system and method are provided for monitoring a property. The method includes analyzing data obtained from one or more sensor units deployed for monitoring the property to generate a signature of the property, the signature being indicative of normal activities associated with the property and/or one or more occupants of the property. The method also includes obtaining current data acquired by the one or more sensors; analyzing the current data against the signature for the property to determine whether or not the current data is associated with normal activity, abnormal activity, a lack of activity, or an actionable event for the property. The method also includes having an alert or notification sent in response to analyzing the current data when abnormal activity, lack of activity, or an actionable event is detected.