So that's really all the due diligence you need to do.

@Michael WhitmanDM me and I will send you our du diligence docGino

Hello BP Community,I just got under contract on a property, and I agreed a 9-day due diligence period under the contract.

Were the tenants brand new during the due diligence period? 

Additionally, there are Facebook groups where you can find some decent help, but there has to be quite a bit more due diligence and vetting with any and all contractors.

(Inspectors are generalists, so specialists are essential for plumbing and electrical issues in older homes.)Structural Concerns: If potential structural damage is spotted, hire an engineer to assess it properly.Be Diligent and Proactive: Old homes often require extra due diligence.

It definitely is a lot to bite off, but I think if I am very thorough with the numbers and due diligence, it takes some of the risk out. 

I asked if they had a checklist for due diligence.  

The borrower's experience is important, but what's more important is the "Hard Asset," Hard money lenders rely on their due diligence process to determine the potential future value, review the renovation plans to get to that value & sometimes even the contractor.  

Quote from @Adam Bartomeo: Sounds like someone didn't read their contract and do their due diligence.