A client engaged me this week to assist with the purchase of a multi-family apartment complex in Atlanta, Georgia, which gave me a chance to dust off my multi-family due diligence and closing checklist.  Purchases of operating real estate assets (whether multi-family, office, industrial, or retail) come with many of the same issues.  All types of commercial real estate require similar purchase contract documents and diligence materials.  However, multi-family deals include a few additional items that wouldn’t normally be seen in other types of properties.  After reviewing my checklist, these are the 5 most important distinctions regarding multi-family purchases that stuck out to me: Purchasers should always review police reports for the last 2 years related to the property (particularly if the property is in a low-income area).  A purchaser may not necessarily want to purchase an asset that was the scene of a double-homicide last week or known for […]