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Multifamily Due Diligence Software Close deals faster. Acquire smarter. Save 40+ hours.
Receive detailed reports and executive summaries to catch missed fees, compliance gaps, and revenue leakage before it compounds. Find $100K+ in Revenue Discrepancies.
Teams that have run on Leonardo247
$100K+
found on one deal. What's hiding in yours?
That's what Gallery Residential uncovered before close with Acquire247. Tell us about the property and start your diligence today.
- Catch deposit and rent variances before your client closes
- Run lease audits, unit walks, and exterior inspections at once
- Hand clients a buyer-ready report, built automatically
Start your due diligence today
Have a deal under contract? Tell us about the property and we'll get your team running Acquire247 fast.
No commitment. Response within 1 business day.
Three inspections. One report. Zero spreadsheets.
Run all three modules in parallel. Findings roll into a single Property Overview Report the moment the last inspection is done.
Lease File Audit
Reconcile every lease file against the rent roll, remotely, with auditors working the same project from anywhere.
- Paper and electronic record comparison
- Missing addenda, signatures, and disclosures flagged automatically
- Security deposit and rent variance reports
- Rent roll import and Excel data scrub
- 31 report types, from Variance Analysis to Rent Projection
Unit x Unit Inspection
Walk every unit with a structured, room-by-room checklist on the Leonardo247 mobile app.
- Condition scoring by room
- Timestamped, annotated photos
- Deferred maintenance and turn cost estimates
- Appliance and mechanical tracking
- Unit-to-unit and cross-property comparisons
Exterior and Common Areas
Assess everything outside the unit and price the capital plan before you own it. No signal in the parking garage? Keep inspecting.
- Building envelope, roofs, and parking
- Amenities, lighting, and signage
- Mechanical and utility systems
- Capital needs summary
Customer story
How Gallery Residential scaled to 26,000 units with Leonardo247's due diligence platform: Acquire247
Gallery Residential is a fee manager running 107 properties across 13 states, from Class A to full rehab. It runs every diligence project on Acquire247, from the first rent roll upload to the final buyer binder.
Leonardo247 has been transformative for our due diligence. It's been a part of our scale.
More on running faster, cleaner diligence
Product updates and how-tos from the Leonardo247 team.
Acquire247 Refresh: Due Diligence Upgrades That Pack a Punch
What changed in the latest Acquire247 release: tighter license controls, automatic reporting, and faster rent roll imports.
Read more
Get Time Back on Every Inspection
A rundown of the inspection updates that cut setup and reporting time on every project.
Read more
AI-Powered Property Reporting: Insight Builder by Leonardo247
How Insight Builder uses AI to turn inspection and audit data into reports you can shape yourself.
Read moreWhat diligence teams say
All due diligence done before was on Excel spreadsheets, and it was very cumbersome for the teams. We basically gave them our spreadsheets and said, this is what we want to capture, and they created it for us.
Leonardo247 has allowed us to more efficiently keep track of our community operations. It stores critical information we need and has ultimately saved myself and my teams hours of paperwork and filing.
It's super detailed. You won't miss a thing.
Due diligence with Leonardo247 absolutely saves a heck of a lot of time.
From rent roll to buyer binder in four steps
Every module runs at the same time, so your team isn't waiting on one inspection to start the next. The report is ready the moment the last inspection closes.
Start Due Diligence Today-
Kickoff
Set up the acquisition
Create the project, upload the rent roll, assign the team, and pick your templates.
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In the field
Inspect in parallel
Auditors work lease files remotely while site teams walk units and exteriors on mobile, online or off.
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As you go
Review findings as they land
AI flags exceptions and variances in real time, and the dashboard shows progress by module.
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At the finish
Deliver the report
The Property Overview Report builds itself once all three inspections close, with photos, file audit summaries, and variance reports.
Watch a property go from rent roll to report
See the full workflow: the lease file audit, the unit walk, the exterior inspection, and the finished Property Overview Report.
Multifamily due diligence FAQs
What is multifamily due diligence software?
It's one system that replaces the spreadsheets, binders, and email threads behind an apartment acquisition. Teams audit lease files, inspect every unit and the exterior, and get a report built from the findings automatically. Acquire247 is Leonardo247's version, made for multifamily buyers and the operators who take over after close.
What does a multifamily due diligence checklist include?
A complete checklist covers three areas: a lease file audit reconciled to the rent roll, a unit-by-unit condition inspection, and an exterior and common area assessment with a capital needs summary. Acquire247 ships templates for all three and lets you customize them.
What does a lease file audit check?
Every lease, addendum, and deposit record gets checked against the rent roll. Acquire247 flags anything missing or mismatched, like an unsigned addendum or a deposit that doesn't match, and rolls the variances into reports such as Variance Analysis and Deposit Variance. In one Gallery Residential audit, that surfaced a $99,000 security deposit variance before closing.
Can lease file audits be done remotely?
Yes. Acquire247 lets multiple auditors work the same project from different locations at once. Gallery Residential runs remote audits across 13 states and saves days per project by cutting travel.
Where does the time savings come from?
Mostly from work your team stops doing by hand: retyping field notes, matching photos to units, reconciling spreadsheets, and assembling the buyer binder. Findings are captured once on mobile, and the report is built from them automatically.
What's in the Property Overview Report?
One buyer-ready package that combines all three inspections: unit walk summaries with photos, the lease file audit summary, variance reports, and exterior and capital needs findings. It builds itself as soon as the last module is complete.
How do third-party managers use due diligence to win new business?
Owners often hire a third-party manager to evaluate an asset before purchase, and a strong evaluation leads to the management contract. Gallery Residential converted every diligence project within its control over two years into a management assignment.
Does Acquire247 work without a signal?
Yes. Inspections keep running in the Leonardo247 mobile app in parking garages, basements, and anywhere else without coverage. Everything saves on the device and syncs the next time it's online.
What happens to diligence data after closing?
It carries forward. Teams that run Perform247 after takeover start operations with the condition data and inspection history captured during diligence.
Who uses Acquire247?
Acquisition and asset management teams evaluating a purchase, transition teams at third-party management companies preparing a takeover, and regional operators who run diligence for owners. Customers range from regional fee managers to national portfolios.
Your closing date won't wait. Start due diligence today.
Tell us about the property and we'll get your team inspecting fast. No commitment, response within one business day.
Get Started Today