Question about Due Diligence Process

[Jerome Morelos]

How do I perform a thorough due diligence of a potential property? What is done during the due diligence process, other than verifying the title, documents (leases, etc), and doing a walkthrough of the property. Thanks.

[Brandon Battle]

It means you do everything you need to do to be satisfied that the property is acceptable and safe to purchase.You check the title for liens and encumbrances, perform physical inspections of every part of the home to look for hidden problems,check with the city permit office for code violations and verify any additions or changes have been permitted and are up to code,and figure out the numbers on how much the payments and cash flow( if any) will be during the time you own it.