I did recently downloaded Baby Monitor by Annie from Apple store and it works great! Don't really need to buy the expensive monitoring devices as with two children, I don't have much money to waste really. Of course it's for the safety of the children, so it's not really a waste, although I can easily use this app and it does everything what the big baby monitors do and even more. I've just used my old ipad as the second device placed near my LO.

Most monitor systems have an electrical cord or nonrechargeable battery option for the unit in the baby's room. And receivers typically have an electrical cord or rechargeable batteries. Some models are notorious for burning through batteries at an alarming rate. Parents have complained that even monitors sold with rechargeable batteries built in can drain quickly. Our Baby Monitor Ratings , available to subscribers, include an evaluation of battery life. Subscribers can also check out our battery report and Ratings (for subscribers).
Here is a great bang-for-the-buck best baby monitor that has some great features. It is sold under two different brand names, one is Babysense, and the other is Smilism. We purchased both, and they were basically exactly the same other than the different logos. We're assuming they are the same company selling under two different brand names, but we can't be sure. Let's begin with the "bang" part of bang-for-the-buck. This baby monitor has a lot of good features, including two-way intercom, room temperature monitoring, "eco" mode that keeps the screen off until it hears your baby make a sound, remote zoom, and a few music (lullaby) options. It is also expandable up to 4 cameras, using the same base unit. From the base unit, you can cycle through which camera you want to view at any given time; you cannot view them all simultaneously on the same base unit (like picture-in-picture). We really liked the eco mode, and also liked that on the top of the unit there is a little flashing light to reassure you that it's on during eco mode, even though the screen is off. So there are a lot of great features here, especially for the low price of only about $75! That's right, only about $75, and each add-on camera is about $40. So there's a great deal for a nicely featured camera. What are the missing features? Well, the remote tilt and pan function was not included, so you have to position the camera the right way in your baby's room or you're out of luck in the middle of the night. Second, in our testing it took a bit too much time to cycle between each of the baby cameras: the screen would turn white and you need to wait several seconds for the other camera to show on the screen. This same white screen happens during start-up of the unit. We also weren't totally impressed by the range of the base unit on this Babysense video baby monitor. It works great if you're 1-2 rooms away, but if you go upstairs or several rooms away, the signal drops intermittently. Even with those little downfalls, this is a great budget pick for a well-featured baby video monitor with some good reliability, enough to put it up at this spot on our best-of list. Note that Babysense also makes a great new under-mattress movement monitor as well. We've been using it for 10 months now and it's still going strong with no issues. Interested? You can check out the Babysense Baby Monitor here. 
Wireless encryption: This ensures that no one else can tap into your monitor’s “feed” and see what’s going on in your house. WiFi-enabled monitors are great for portability and range, but may be more susceptible to hacking. If you go this route, be sure to secure your home wireless network and keep the monitor’s firmware updated. Otherwise look for digital monitors with a 2.4 GHz FHSS wireless transmission.
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