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Updated 2 months ago,
Small Apartment Complex Due Dilligence
We have some offers out on a few smaller apartment complexes (6-8) in FL. We are targeting Cape Coral or Tampa St Pete. My partner and I are out of state and our wheelhouse is smaller multi's so this would be the first. I am looking for a 3rd party to do financial and physical due diligence on the property. Verify rents, vendor contracts, bank statements, T12, P&L, etc. I'm having trouble finding a company that will do this. Maybe I'm looking for the wrong company. Would we just use a real estate accountant and a property assessor?