Due Diligence Checklist
Mark each item: β Pass, β Fail, or β N/A
Passed
Failed
N/A
Pending
ποΈ Structural & Exterior
βΌCheck for cracks, settling, moisture. DEAL KILLER if major issues.
Age, remaining life, leaks, missing shingles.
Siding condition, rot, paint, trim.
Seals, operation, age, energy efficiency.
Water flowing away from foundation, no pooling.
βοΈ Mechanical Systems
βΌAge, capacity, condition. Adequate for whole house?
Panel size (200A preferred), wiring type, GFCI in wet areas.
Pipe material, water pressure, drain speed, main sewer line.
Capacity (50+ gal or tankless needed for coliving), age.
ποΈ Coliving-Specific
βΌEach room β₯ 70 sq ft (check local requirements).
Required for legal bedrooms. Check size requirements.
Ideal: 1 bath per 2-3 rooms. Can more be added?
Enough spaces for number of rooms to rent.
Can install keyed entry locks on each bedroom door.
Counter space, storage, appliance capacity.
W/D hookups or space for units.
βοΈ Legal & Regulatory
βΌDEAL KILLER if zoning prohibits.
DEAL KILLER if HOA prohibits coliving.
Check for unpermitted additions or modifications.
No liens, judgments, or encumbrances.
π₯ Safety & Compliance
βΌπ¦ Due Diligence Verdict
PROCEED
All clearβmove to closing
NEGOTIATE
Issues foundβrenegotiate terms
WALK AWAY
Deal killers foundβexit deal