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Investment risk underwriting of complex property requires due diligence. This is a well established process with the standard real estate valuation appraisal and the Phase 1 environmental report. The same type of process is needed to correctly risk high performance buildings that are frugal with resources. Inherent in the process to craft such a document is the creation of a building energy/resource managment system. The buidling management system becomes a part of the underwriting process itself. This deck examines the "Resource Appraisal" option to investment risk with high performance commercial appraisal.