Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

I.e. if they told you the roof was brand new, and upon physical inspection, you discover that the roof on a shed is brand new, but the main building needs a full replacement to the tune of $50k, that is not retracing a deal.  

If it's a golden piece of real estate like you said it is and you guys are all motivated, mentally and physically capable, I would keep this golden goose egg all to yourself. 

You claim you need this info BEFORE you arrive for appraisal, yet you can not possible work up a figure of value until AFTER you have physically visited the property, as such, how on Earth does having this info we provide set you back and cause you to redo all your work?

What newbies don't understand is that the $500k appreciates 5% NOT the $100k down payment. 5% of $500k = $25k annually on your $100k invested dollars.We haven't even talked about the tax benefits, debt pay down, monthly cash flow, and it being a physical asset that will always be in demand. 

This means that not only does the animal need to typically be restrained (usually with a leash), but it also means the animal must physically be present at all (or virtually all) times. 

Are there any ways to find out the mortgage balances on a property, other than physically going to the courthouse?

I have physical proof that states otherwise Travis. 

@Justin Goodin No body cares enough to come inspect physical copies of your partnership agreements and you know that.

Since the Appraiser will physically measure the house it's doubtful they are wrong...but it's possible.But the bottom line is - do you love the house?