Finally getting the motivation to work on a project due for my Master's degree, I sit at my computer and start to analyze the data given to me by my professor.

To me through appraisals, property inspections and on line data, there are a lot of useful tools to conduct a thorough due diligence. 

The powers to be at Fannie Mae & Freddie Mac, and the federal government would very likely take issue with such an approach, even though they track and secure data from appraisals on a national level for their research and review. 

I live off a hotspot since decent WiFi is at few and far between truck stops, and don't want to blow through my data!

If you are interested, I can email you data, you provide the necessary funds and we do a 50/50 split when its sold.

Many times, they just correct the data for the next assessment year (2016) and call it a day, but you can't be sure until you ask.

I would be curious to see the data though on the homes that get $7,000 more in the Boston market to see if that is true.

Basic Property data: Units: 150 Age: 20+ yrs Appraisal Value (2006): $3.9 mil Occ. : 50% Needed Repairs: est. $1.0 mil Bank Loan: $1.2 mil Other Liens: $ 0 My Offer to Bank: $700,000 The apartment is NOT in a great neighborhood (C- or Warzone type) but the area is a solid rental market.

But isn't there an expectation that the data that is posted on the sales advertisement for the house is "reasonably accurate?"

This data is supposed to be purged at a regular interval, but it seems that one of our developers failed to ensure that this took place.Our sessions table in the BP database is hundreds of gigabytes in size.