That being said, here’s what I would recommend for a thorough DD process:-Build a plan in advance (setup a spreadsheet, meet with the team, etc)-be prepared to take a lot of pictures -document notes with each room (we use notes on Apple and share it with the team)-align the team on standardizing information (example: what does “bad” mean, what does “okay” mean, etc - everyone looks at things differently and you want to make sure the notes are accurate during your debrief)-bring in professionals for things you can see, like sewer lines hope this short list helps! 

Quote from @Jonathan Greene: Quote from @Mitchell Gunlock: Quote from @Jonathan Greene: It probably sounds easier than it will be in practice.

Is there a standard amount or is it tailored to the project ?    

Here is an article that discusses it somewhat. https://www.parealtors.org/blog/appraisal-changes-coming-for...So, some finished spaces are not not counted as part of the GLA based on a standard, which is fine.

I generally avoid wholesalers because my experience has been that they are unwilling to use a standard purchase agreement that is fair to both the buyer and seller and they do 'shady' stuff.

Honestly, this approach doesn't seem like a very effective practice, which may explain why it wasn’t working.

I’m looking to understand industry standards and best practices.

They're practically giving them away compared to 2021 prices.

HUD is changing its inspection criteria from Housing Quality Standards (HQS) to National Standards of Inspections and Real Estate (NSPIRE).

My ideal is to have a system or a standard in place to maintain discipline about procedures.