Due Diligence
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Plumbing Issues Every Property Investor Must Know .
Avoid hidden plumbing costs in investment properties. Due diligence tips for older Canadian properties, inspection red flags, and common issues that kill deals.
Plumbing inspection essentials: check water pressure, drain flow, visible leaks, water heater age (10-15 year lifespan). Older homes: cast iron pipes, galvanized steel replacement needed. Windsor: backwater valve required ($3-5K). Budget $5-15K for major plumbing repairs. Hire licensed plumber for pre-purchase inspection. Critical due diligence step.
Scott Dillingham
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