Due Diligence

Richardson consults with clients to provide detailed scope-of-work reports and property assessments for all multifamily product types. Our due diligence site teams have the ability to identify short- and long-term risks, including ‘life safety’ assessments, prepare capital expense budgets, coordinate with third party inspectors and prepare thorough reviews of each asset. After each inspection, Richardson provides a comprehensive written report of our findings which expand upon the following major components:

MAJOR COMPONENTS

• Lease File Audits
• Interior Unit Inspections
• Exterior Inspections
• Preliminary Capital Improvement
• Budgets
• Service Contract Reviews (Available Records)
• Utility Bill Reviews (Available Records)
• Competitive Property Surveys
• Report Compilation and Presentation