Analyzing a 28 Unit Multifamily Deal

[Jim Breedlove]

I'm looking at a 28 unit multifamily deal in Texas and have a question about validating the owner's numbers. The owner provided a one page income statement for each of the last three years. In order to verify his numbers, I'm planning to ask for copies of bank statements and tax returns. Is it standard practice to request this type of information? What other types of documentation should I request?