Due Diligence Checklist
Mark each item: ✅ Pass, ❌ Fail, or ➖ N/A
Passed
Failed
N/A
Pending
🏗️ Structural & Exterior
▼Check 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.
⚙️ Mechanical Systems
▼Age, 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.
🛏️ Coliving-Specific
▼Each room ≥ 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.
⚖️ Legal & Regulatory
▼DEAL KILLER if zoning prohibits.
DEAL KILLER if HOA prohibits coliving.
Check for unpermitted additions or modifications.
No liens, judgments, or encumbrances.
🔥 Safety & Compliance
▼🚦 Due Diligence Verdict
PROCEED
All clear, move to closing
NEGOTIATE
Issues found, renegotiate terms
WALK AWAY
Deal killers found, exit deal