A premortem on the deal — before you sign it.

A full hold-period model — rent roll through exit — with the pro forma’s load-bearing assumptions isolated and stress-tested against downside cases.

The seller’s pro forma rebuilt line by line from county tax data and regional benchmarks, with every omission dollar-quantified.

Debt service at current rates, tested against downside rent and lender minimums.

Rents, sales, and expense ratios benchmarked against the submarket, so the sponsor’s basis and growth case meet independent evidence — not optimism.

Each failure mode identified and scored by severity, likelihood, and how easily it escapes diligence — then ranked by what it would cost.

One clear recommendation with its reasoning — including the specific terms that would move a deal from pass to buy.

Concrete items to verify or renegotiate before wiring — leases, service contracts, deferred maintenance, insurability — ordered by cost if missed.