Do You Need a Final Walk Through for Multifamily?

[Weina Shi]

Hi BP,

I have two multifamily deals (one at $3.3MM in MA) and a smaller one but more unit count in MD. Is final walk through typically skipped because tenants occupy the units? Or is it done as typically done in residential purchases?

Thanks!

[Chris Mentch]

I would do a final walkthrough. In case tenants trashed it or some other issue, you’ll know about it and can go back to the sellers. Hopefully, no issues!