The 30-Day Process That Protects Your Capital
Due diligence is where deals are made or broken. This chapter walks through our complete 30-day due diligence process — from property inspection to title review to final financial validation — so you never get surprised after closing.
Property inspection: hire licensed inspectors for structure, roof, HVAC, plumbing, electrical. Budget $400–600. Red flags: foundation issues, roof age 15+ years, outdated electrical panels.
Title review: confirm no liens, easements, or encumbrances that restrict STR use. Hire a real estate attorney.
HOA document review: read all HOA rules, meeting minutes (last 2 years), and financials. Look for STR restrictions and pending special assessments.
Permit verification: confirm STR permits are available (or transferable) before closing. Some markets have permit caps.
Final financial validation: re-run all projections with actual insurance quotes, property tax assessments, and utility averages.