I wanted to know if someone have a due diligence checklist for non performing notes they would be willing to share.

This was my ticket to the heights of academic performance.

Figuring out the balance owed over time seems like this might be best left to a third party. 

What you will find is that for value add opportunities, it is possible to bid at a lower cap and still have a well performing investment.

They don't have a one-off policy that says it's close enough.If the mortgage is more than the value of the home, your deal is subject to third party approval, which means it doesn't have any value.Two things:one, when you're sending in a blind offer off-market, they have no real idea about the condition of the property or the value of the property.

@Patrick Soukup,I don't know anything about appealing taxes in your area, but my guess is that a third party appraisal documenting the recent sales price would be a great determination of FMV. 

What system besides excel can be used to keep track of the metrics on how the property is actually performing after purchase (long-term basis).Thanks in advance for the suggestions 

Thirdly, that flooding would really make me nervous so I would scrub and scrub that rehab cost to make sure you aren't missing anything, especially mold.

It looks to be about 30 - 40 years old which means HVAC and roof may already be on their second rounds and a third could be coming up quickly.

Yes, a new $urvey would be performed first.I just need to know whether I'd be taking a big loss with the new fence.