Financial information to get from seller when purchasing a MFH

[Rudy Bello]

Good morning BP Family, most likely I will be under contract on a MFH, what information or documents should I be asking the seller to provide? Rent roll, expenses? What else?

[Anthony Dooley]

2017 profit and loss statement, if they have it professionally managed. Review any existing service contracts like pest control, trash service, lawn care, etc. During the inspection, talk to the tenants and get information from them about previous repairs, deferred maintenance, and ongoing problems the seller may not even know about.