Initial walkthrough checklist

[Arthur E.]

I'm flying a considerable distance this weekend to tour some multifamily properties.  I'm trying to come up with a checklist for data to collect at each property.  Can anyone think of anyone think of any modifications to this list?

Days on market?

Has there been a price drop?

Is it 100% rented?

Are the leases MTM?

When do the leases end?

Are appliances split?

Is there a sellers disclosure?

What utilities do the tenants pay?

What utilities does the owner pay?

What is current cash flow?

Are rents at market?

How does hot water heater look/age?

How does roof look/age?

What type of heating system is it/age?

How does it look/age?

How do the Windows look/age?

What work does the property need?