Check list in Due diligence period

[Nauman Khan]

Hi Friends, 

I am purchasing my first Multi-family quadplex built in 1984 with a partner. We have 10 days for due diligence period. 

I am reaching out to you to help me figure out what are the key things to look out for in this period and what kind of questions I should be asking my agent. I would appreciate it if anyone can help us out.

Thanks

[Kiran K]

@Nauman Khan since this is your first deal get an inspection done and walk thru the property with the inspector when he is there you will learn a lot during this process on what to look out for.

check which utilities are paid by owner and tenants.

get the rent roll and see how long tenants are living there for, if there is turnover on them frequently thats an added cost you need to plan for on yearly basis.