Accredited Investors; how are your RE Assets valued for accreditation verification?

[Edward B.]

There are a lot of investing opportunities that are only available to accredited investors, particularly in the realm of Real Estate. I began to look into this as a worthy goal or milestone for a real estate investor so that you could at least consider these opportunities.

It seems to me that most investors will hit the $1M net worth qualifier before the income qualifier of $200k for singles or $300k for couples over a two year period. Of course, nowadays you have to prove that your net worth is over $1M, they won’t just take your word for it. And the few opportunities that I have looked into would require a credit report and appraisals dated within the last 3 months. Is that for real? Surely you aren’t required to get appraisals for all of your properties every three months or every time you want to invest if your appraisals are older than three months. What am I missing here?