The national RE data companies are less complete and have less search features.

They encourage appraisers to work areas that are unfamiliar to the appraiser then they seem to encourage low ball appraisals (or high ball appraisals at other times) instead of objective information.Frankly what I did when this happened to me was to threaten to report the Appraiser to the National body that governs appraisal issues (I forget the name).

I found an interesting article on the web at:[LINK REMOVED] It basically says that landlords do not have to rent to jerks and that "as long as your reason for not leasing to a person has nothing to do with their race, color, religion, national origin, sex, familial status or handicap, you don't have to.

For instance, at today's REIA breakfast, I learned that my state has some of the very stiffest fines/penalties for lead paint liability in the nation.

Some general feedback on your list:Copy of Collateral File - mortgage/deed of trust, note, modifications, forbearance, title policy, assignment chain (if not recorded)Copy of Credit File - Origination documents - includes 1003, disclosures, credit reports and HUD - these are not always present in institutional files, their absence does not negative your enforcement capacity.Copy of Servicing File - payment history, servicing notes, etcCopy of Legal File - foreclosure, bankruptcy (if present)Property value through a BPO or similar report will be your responsibility.

Welcome to BP Nation, Jessica.

Ray, Welcome to the BP nation.

Is the property held by a national corporate tenant, and franchisee, or is this a local mom and pop type property??

Welcome to BP Nation Nick.

I feel like the KC market has been heating up quite a bit starting around 8 weeks ago.Lots of activity from institutional buyers.Still some great values around.Thanks