What does due diligence (DD) mean to you? At what point do you think you have done enough research/ analysis to make an investment? Please point me to any other resources if they already exist. I am just listing down some I am thinking of and hope you will share your thoughts. Macro: keep an eye on the below and ensure it is not just turning to or is hugely negative: World economy Australian economy State/ city economy Micro: Location/ suburb economy- new infrastructure/ supermarkets/ hospitals/ schools/ station or continuing normal activity as against negative indicators Location/ suburb demographics: - generally what type of owner occupiers or tenants live there? Office goers commuting to CBD, miners, tradies, students at a nearby university - income demographics to support the expected rent, growth potential What streets/ locations within the suburb you want to pick - couple of streets away from schools/ uni, super markets, stations, main roads What streets/ locations within the suburb you want to avoid- on the roads close to or behind schools/ uni, super markets, stations, main roads/ motorway, creeks/ water bodies (flood risk), parks, industries, hospital (noise) Who is your target tenant or buyer: - what type of properties are common? If generally independent houses exist with land available, don't plan to build duplexes or units. - families with younger children - fenced backyard/ pool - retirees - potential for single level instead of properties with steps, small or no lawns, may be have space for a small garden Comparables: How much has a similar property sold for recently on the same or neighbouring streets? Potential to add value through minor reno or sub-divide What are your go to websites/ resources for doing DD and for what purpose? Please share your thoughts.