Also I have the option of recording a lien, or not recording a lien for the private lender.

Is there an inspection of some sort or do I need to ask the condo association for maintenance records?

I’ve combed through a year’s worth of police reports and found no phone record from the property.

You will want to look out for a lender that is responsive, straightforward and has a track record of reviews and closings.

@Lily Yu    I might not  have a problem with a 5 year old felony depending on what it was and if the record is clean from there. 

I do t have long term experience with them yet but They have a good track record and seem to really have it together from my experience.

Still haggling this deal but thought I would make sure to record the experience and share.

I’m primarily evaluating the deal I’m lending on, but I also want to see what kind of track record the borrower has in managing their financial obligations.

The cheapest/potentially no-cost option is just doing public records searches and contacting owners directly.

Some examples are;-County website for actual prop tax bills-Tenant estoppels-Actual utility bills-Bank statements and tax records-Verify insurance premiums with your carrierSome say "Trust, but verify," I say "Trust that someone selling you something will only show you what you want to see.......So verify."