Single Family Purchasing Checklist

[Seth Greiner]

Do you have a checklist you use to verify your numbers are correct after you have an offer accepted? I'm trying to create a list I can go to verify I want to go forward with a deal. Please help me in adding to the list. Preliminary list looks like this:

Income- verify rents and check comparables to check condition of homes versus how I will rehab

Rehab- recheck costs and condition (focus on hvac, plumbing, roof, electrical) to see if I missed anything, check health department for outstanding orders, check code enforcement

Expenses- verify taxes (recalculate for investment property if necessary), verify insurance, check for HOA, check for utility cost even if I will not pay them (high bills could indicate faulty systems)

Help me determine what I missed!