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Updated over 6 years ago on . Most recent reply

User Stats

72
Posts
47
Votes
Bernard Sanga
  • Investor
  • Lakewood Ranch, FL
47
Votes |
72
Posts

Due diligence on a 4 unit - need help!

Bernard Sanga
  • Investor
  • Lakewood Ranch, FL
Posted

Newbie here. Just got a deal under contract and need help with due diligence. Property was self managed and does not have operating statement available. What other documents can I ask for besides leases? Is it normal to ask for 1099s for a 4 unit like this? Is there anything else I am missing?

Also, I am ordering property inspection in 2 days. Its a block construction 1985 building in FL. Is there anything specific I should order with inspection? I plan to do 4 point, wind mitigation and a plumber scope the sewer line. Any other ideas?

Any input will be much appreciated!

Thanks so much!

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