Multifamily due diligence usually requires more than a physical walk-through. The investor should organize property, tenancy, operating and transaction information and involve the appropriate professionals for matters outside brokerage scope.
Property and systems
Review condition, major systems, deferred maintenance and inspection findings.
Occupancy and leases
Confirm available lease records, rent information, deposits, notices and other tenancy documentation with appropriate legal review where needed.
Operating information
Review available income and expense records and distinguish seller-provided information from independently verified facts.
Transaction and professional review
Title, survey, financing, insurance, environmental, tax and legal matters should be reviewed by the appropriate qualified professionals.
This checklist is educational and is not a substitute for transaction-specific legal, tax, engineering, inspection or financial advice.
This page is general real-estate information. It is not legal, tax or financial advice and does not guarantee property availability, financing or investment performance.