 Have you ever heard of the term due diligence and ever wondered what that meant? Due diligence usually falls on the buyer's shoulders. So if you were a buyer and you wanted to buy a farm, for example, and you thought, oh, I want to buy this farm and I want to subdivide these acres and put another house on the top, you should not buy the house until you do the due diligence to find out if you can subdivide that property. You can't just do whatever you want anymore these days. You have to do your due diligence to find out if it can actually happen. If you buy a house and you want chickens, you have to find out if you're allowed to have chickens in your township ordinances. So all of those things fall on the buyer due diligence wise. Another due diligence that the buyer has to do or should do is a home inspection. If you buy a house, you should definitely have a home inspector come in and take a look at things. The importance of a home inspector is they're able to see things behind the walls, they're able to see if plumbing is leaking, they have a lot of infrared, they have all these fancy testers to see if there's moisture in the wall. It is your due diligence to see if there's a mechanical problem with the house past what you can see visually on the outside. So you could walk through a house and it might look all great and you buy it and then you turn around a couple months after closing and then there's a leak from the third floor down into your beautiful dining room. That actually happened to me. I bought a house myself, my private residence and I did not do a home inspection, which I bought enough houses that I felt pretty cocky that I didn't need a home inspection. And sure enough, three months after we moved in, there was a leak from the third floor down to the dining room and it was a slow leak and we couldn't quite figure out what was going on. But we realized the people that lived before us did not have anybody living on the third floor or on the second floor using those bathrooms. And then when we moved in, I had two girls, we started to use those bathrooms a lot and sure enough, that's how we were able to discover a leak because we were actually using it. And what it was was the sewer stack had eroded over time, it was over a hundred years old and it was cast iron and literally was rolling downhill into my dining room. That was something that most likely if I would have gotten a home inspection it would not have been caught because it was such a subtle leak and it took over three months for it to actually show itself. But that's the kind of due diligence that I'm talking about. I hope that that really clears things up and you understand the whole idea of the concept of due diligence. If you have any questions, please don't hesitate to drop them below in the comments. And thanks for watching and we'll see you again next time.