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Guide
Multifamily Due Diligence
What to open before you close.
Short answer
Review leases, deposits, delinquencies, service contracts, capital-needs assessments and insurance claims history.
In detail
Physical diligence covers roofs, HVAC, plumbing, electrical, elevators, life-safety and any deferred maintenance.
Confirm certificates of occupancy, zoning for the current use and any pending code issues with the city or county.
Checklist
- Zoning and permitted uses
- Rent roll, leases and expense history
- Access, parking and visibility
- Environmental and survey reports
Local context
West Palm Beach, Boca Raton, Wellington
Related guides
Questions, answered
FAQ
How long is diligence?
Negotiated per contract. Larger assets usually need more time for lender and physical review.
Next step
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