The Ultimate Due Diligence Checklist for Real Estate Investors

In this episode of Multifamily Investor Playbook, Mark Faris and John Makarewicz break down the critical steps of financial and lease due diligence in multifamily real estate. This is Part 2 of our deep dive into what happens after an agreement of purchase and sale is signed.Mark and John share how they analyze financial statements, verify leases, and spot hidden risks that could make or break an investment. They discuss real-world examples, from inflated payroll costs to tenants with unsustainable rent-to-income ratios. They also explain why experience is key in identifying red flags—like unreported expenses, lease anomalies, and unexpected vacancies—that an inexperienced operator might overlook.Key topics include:✅ The most overlooked financial red flags in multifamily deals✅ How lease audits reveal the real performance of a property✅ The role of expert asset managers in catching hidden risks✅ Why conservative underwriting upfront saves deals in the long runWhether you’re just starting your real estate journey or are an experienced investor, this episode provides practical insights to help you make smarter investment decisions and build lasting wealth.