Due diligence on the borrower

[Teddy Hebert]

Good morning, BP! My question today is regarding due diligence on the borrower of a distressed loan. Loan modification seems to be, according to much of what I've read, a good way to get a positive ROI.

How does someone like myself, who is new to the business, go about performing this part of DD? Where should one start and what vendors would be recommended? I don't have a specific state in mind... Just in general.

Thanks in advance!