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Updated about 9 years ago on . Most recent reply

User Stats

22
Posts
4
Votes
Jared McCool
  • Engineer
  • Stratford, CT
4
Votes |
22
Posts

Small Multifamily Walk-Thru Questions

Jared McCool
  • Engineer
  • Stratford, CT
Posted

I am beginning to do walk throughs on small multifamily (2-4 unit) properties that I have done analysis and pro forma due diligence on. If the numbers make sense, I am doing a walk thru with my contractor. My contractor does ask a lot of good questions, however, I am wondering what other Buy and Hold investors look for and questions you may ask while doing a walk through? I am buying through FHA owner occupied route, so most properties are in near turn key conditions that I am looking at. What questions should I be asking? What red flags should I be looking for? I want to make sure I am confident to move to the next step of making an offer, and confident that it will pass FHA inspections.

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