Intermediate
Due Diligence: The A–Z Checklist Before You Close
- 10 Sections
- 40 Lessons
- 41 Quizzes
Why Due Diligence Exists, And Why People Skip It
4 Lessons4 Quizzes
- Lesson 1.1: The Anatomy of a Deal That Went Wrong
- Quiz 1.1: The Anatomy of a Deal That Went Wrong
- Lesson 1.2: The Cost of Due Diligence vs. the Cost of a Bad Acquisition
- Quiz 1.2: The Cost of Due Diligence vs. the Cost of a Bad Acquisition
- Lesson 1.3: What Due Diligence Can and Can't Protect You From
- Quiz 1.3: What Due Diligence Can and Can't Protect You From
- Lesson 1.4: Structuring Your DD Period, Negotiating Time into the PSA
- Quiz 1.4: Structuring Your DD Period, Negotiating Time into the PSA
Physical Inspection, Reading a Building
5 Lessons5 Quizzes
- Lesson 2.1: Roof, HVAC, Plumbing, Electrical, What to Look For and What Each Costs
- Quiz 2.1: Roof, HVAC, Plumbing, Electrical, What to Look For and What Each Costs
- Lesson 2.2: Cosmetic vs. Structural, The Distinction That Changes Everything
- Quiz 2.2: Cosmetic vs. Structural, The Distinction That Changes Everything
- Lesson 2.3: Who Should Inspect What, General Inspector vs. Specialists
- Quiz 2.3: Who Should Inspect What, General Inspector vs. Specialists
- Lesson 2.4: Building a 5-Year CapEx Schedule From Inspection Findings
- Quiz 2.4: Building a 5-Year CapEx Schedule From Inspection Findings
- Lesson 2.5: Flagging Inspection Results in Your Underwriting
- Quiz 2.5: Flagging Inspection Results in Your Underwriting
Financial Due Diligence, Verifying the Numbers
5 Lessons5 Quizzes
- Lesson 3.1: Rent Roll Verification, Estoppel Certificates and What They Protect Against
- Quiz 3.1: Rent Roll Verification, Estoppel Certificates and What They Protect Against
- Lesson 3.2: Trailing 12 Months vs. Proforma, Where Sellers Hide Performance
- Quiz 3.2: Trailing 12 Months vs. Proforma, Where Sellers Hide Performance
- Lesson 3.3: Verifying Operating Expense Ratios Against Market Comparables
- Quiz 3.3: Verifying Operating Expense Ratios Against Market Comparables
- Lesson 3.4: Tax Bill Review and Appeal Rights
- Quiz 3.4: Tax Bill Review and Appeal Rights
- Lesson 3.5: Identifying Ghost Income, Seller-Paid Concessions Buried in the Rent Roll
- Quiz 3.5: Identifying Ghost Income, Seller-Paid Concessions Buried in the Rent Roll
Legal and Title Review
4 Lessons4 Quizzes
- Lesson 4.1: The Title Commitment, Schedule A vs. Schedule B Exceptions
- Quiz 4.1: The Title Commitment, Schedule A vs. Schedule B Exceptions
- Lesson 4.2: Common Title Issues in Commercial Real Estate
- Quiz 4.2: Common Title Issues in Commercial Real Estate
- Lesson 4.3: Survey Review, ALTA/NSPS and Why It Matters
- Quiz 4.3: Survey Review, ALTA/NSPS and Why It Matters
- Lesson 4.4: Zoning Verification and Certificate of Occupancy Review
- Quiz 4.4: Zoning Verification and Certificate of Occupancy Review
Environmental Assessment
4 Lessons4 Quizzes
- Lesson 5.1: Phase I ESA, What It Covers, What It Costs, and How Long It Takes
- Quiz 5.1: Phase I ESA, What It Covers, What It Costs, and How Long It Takes
- Lesson 5.2: Environmental Red Flags, Former Dry Cleaners, Gas Stations, and Industrial Sites
- Quiz 5.2: Environmental Red Flags, Former Dry Cleaners, Gas Stations, and Industrial Sites
- Lesson 5.3: Phase II ESA, When It's Required and What It Means for Deal Economics
- Quiz 5.3: Phase II ESA, When It's Required and What It Means for Deal Economics
- Lesson 5.4: ASTM E1527-21, The Current Standard and What Changed
- Quiz 5.4: ASTM E1527-21, The Current Standard and What Changed
Lease Review and Tenant Analysis
5 Lessons5 Quizzes
- Lesson 6.1: Reading a Commercial Lease for DD Purposes
- Quiz 6.1: Reading a Commercial Lease for DD Purposes
- Lesson 6.2: Estoppel Certificates, Why They Matter More Than the Lease Itself
- Quiz 6.2: Estoppel Certificates, Why They Matter More Than the Lease Itself
- Lesson 6.3: SNDAs, What They Protect and When Lenders Require Them
- Quiz 6.3: SNDAs, What They Protect and When Lenders Require Them
- Lesson 6.4: Tenant Financial Health, Evaluating Ability to Perform
- Quiz 6.4: Tenant Financial Health, Evaluating Ability to Perform
- Lesson 6.5: Lease Abstracts, Building One and What It Tells You
- Quiz 6.5: Lease Abstracts, Building One and What It Tells You
Market and Competitive Due Diligence
4 Lessons4 Quizzes
- Lesson 7.1: Verifying Rent Comparables, Broker COAs vs. CoStar vs. Actual Signed Leases
- Quiz 7.1: Verifying Rent Comparables, Broker COAs vs. CoStar vs. Actual Signed Leases
- Lesson 7.2: Absorption Analysis, Is This Market Absorbing Space or Shrinking?
- Quiz 7.2: Absorption Analysis, Is This Market Absorbing Space or Shrinking?
- Lesson 7.3: Pipeline Review, What's Being Built That Could Compete
- Quiz 7.3: Pipeline Review, What's Being Built That Could Compete
- Lesson 7.4: Lender's DD vs. Buyer's DD, Using the Appraisal as a DD Tool
- Quiz 7.4: Lender's DD vs. Buyer's DD, Using the Appraisal as a DD Tool
CRE Insurance & Risk Transfer in Due Diligence
5 Lessons5 Quizzes
- Lesson 8.1: Property Insurance Basics, Replacement Cost, ACV, and the Coinsurance Trap
- Quiz 8.1: Property Insurance Basics, Replacement Cost, ACV, and the Coinsurance Trap
- Lesson 8.2: Liability, Umbrella, and Business Interruption, Protecting Income and Net Worth
- Quiz 8.2: Liability, Umbrella, and Business Interruption, Protecting Income and Net Worth
- Lesson 8.3: The Surging-Premium Environment, Why Insurance Is Driving Distress in 2026
- Quiz 8.3: The Surging-Premium Environment, Why Insurance Is Driving Distress in 2026
- Lesson 8.4: Flood, Wind, and CAT Coverage, What Standard Policies Exclude
- Quiz 8.4: Flood, Wind, and CAT Coverage, What Standard Policies Exclude
- Lesson 8.5: Lender Requirements, Certificates of Insurance, and How Leases Allocate Coverage
- Quiz 8.5: Lender Requirements, Certificates of Insurance, and How Leases Allocate Coverage
Capstone, DD a Retail Strip Center
4 Lessons4 Quizzes
- Lesson 9.1: The Deal, Setup and What You've Been Given
- Quiz 9.1: The Deal, Setup and What You've Been Given
- Lesson 9.2: Running the Investigation, What Each Check Reveals
- Quiz 9.2: Running the Investigation, What Each Check Reveals
- Lesson 9.3: Making the Decision, Adjusting the Offer or Walking
- Quiz 9.3: Making the Decision, Adjusting the Offer or Walking
- Lesson 9.4: The Pro Lens, What a Seasoned Investor Sees That Others Miss
- Quiz 9.4: The Pro Lens, What a Seasoned Investor Sees That Others Miss
Final Exam
1 Quiz
Due diligence is where deals get saved or killed, and it is the step amateurs rush. You get the full checklist, module by module.
Physical inspection, financial verification, legal and title, environmental, leases and tenants, and the market itself. A module on insurance and risk transfer covers what most checklists skip. The capstone runs due diligence on a retail strip center.
Nine modules, 40 written lessons, 130 practice questions, and a graded final exam with a certificate. Self-paced, lifetime access.
For the investor who refuses to wire earnest money on faith.
Want to submit a review? Login
Related Courses
Market Analysis: How to Read a Submarket Like a ProLesson 1 unlocked
Work the three layers that set returns: macro, metro, and submarket
Read the metro on jobs, migration, and affordability, and score it from public data
Tell vacancy from availability and gross from net absorption, and read what each one tells you about market health
83
CRE Valuation: NOI, Cap Rates, GRM & DCF ExplainedLesson 1 unlocked
Build NOI from a raw rent roll, including the capital expenditure line most people miss
Use cap rates three ways: as a yield, a pricing tool, and going-in against exit
Screen fast with GRM, then cross-check it against cap rate and DCF
70
Reading Commercial Leases: What Every Investor Must KnowLesson 1 unlocked
Read gross, NNN, and modified gross leases side by side, including expense stops and base-year math
Work the rent: fixed against CPI escalations, percentage rent, free rent, and TI
Audit CAM: what it includes, gross-ups, caps, and the annual reconciliation
77