First a note about End of Line Resistors; they are named because of their placement on the circuit. They should go at the end of line if you desire a supervised circuit.
If the resistor is installed in the panel , then short circuits in the main run on a Normally Closed circuit will never be detected (A window zone that rarely opens for exaple) could be shorted for days, weeks or years without your knowledge and then fail when needed.
This happens more frequently than you would think because of staples and otherwise pinched cables.
Knowing the correct way, you have to make a decision what you'd like to do.
One way to overcome the issue of concealing the resistor at the end of the line is to use the 3/4" press fit switches with a 3/8" magnet. You can bore the hole for the switch deep enough to hold a service loop of wire AND the end of line resistor.
I've never been fan of 3/8" switches because they encourage improper installation of the EOLR.
Always use gel filled connectors, especially on perimeter doors as the single biggest point of failure is where the splices are located; they usually corrode after 1-2 years, building enough resistance to cause run-away troubles.
Normally open circuits are better for motion detectors and of course fire alarm circuits because the panel detects: Normal, Short, Open, & Ground whereas the Normally Closed Circuit really only detects Normal, Open and Ground. In this regard you can monitor the tamper switch of a motion sensor separately from the Alarm Contacts.
If you install the resistor in the panel on a Normally Open Circuit, you effectively have no supervison of field wiring.
Thanks
Peter