For him maybe there isn't, but then again he is most likely making his fortune selling coaching and courses. 

But its easy information to gather, fortunately.

Of the 5 new American billionaires in 2016, 2 made their fortune via real estate. 

Fortunately the condo has appreciated in value of $100k. 

Fortunately, I haven't seen the nit-picky requirements that @David S. has.Ultimately it is up to being honest with yourself on whether the roof needs replacing. 

Joel, I've been very fortunate to have a great PM whom I've used for 10+ years. 

Unfortunately (or fortunately) the days of banks mailing out credit cards to everybody with a pulse and all you needed to do was sign on the line are over.

Dealt with some pretty unprofessional realtors, seen some properties with real structural issues, visited some pretty run down areas and gained some insight into how people live, a reminder of how fortunate I am....it's a grounding experience. 

I've been fortunate enough through my research and what I learned here on BP to have bought a solid investment property, which of course started with having the knowledge to identify and recognize the opportunity for what it was worth and act on it.

Fortunately for me, my amortization schedule at closing had the PMI dropping at 78% LTV and my bank promised to honor that however they won't let me re-appraise based on MV as I mentioned.