Speeding up due diligence

Hey all. Due diligence is another thing I've been thinking about and trying to find a quick way to create and go through a due diligence checklist. Once you've found a good property, there can be a large amount of documentation to review. AI can definitely help with this:

1. Pull up ChatGPT, Claude, or your LLM of choice.

2. Upload the property's due diligence documents.

3. Prompt it with something like:

“Review the attached due diligence documents for this real estate acquisition. Identify important findings, potential risks, inconsistencies between documents, missing information, upcoming obligations, and items that require further investigation. Organize everything into a due diligence checklist and cite the document/page where each finding came from.”

4. Review the AI-generated checklist and use it to determine which documents or issues need deeper investigation.

Although useful, this won't replace attorneys, inspectors, engineers, or other professionals involved in due diligence, but I think of it more as a way to quickly organize information and identify what needs closer analysis.

Below is a simple workflow to help you visualize, hope this helps!

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Speeding up due diligence