Looking for honest feedback from people who actually screen deals. I've been checking deals against public records before the LOI, instead of relying on the listing or CIM. On one Florida home-services listing, the records showed things the listing-only analysis missed: - The trade license is held by the owner personally, so the buyer needs a replacement license holder at close - The real estate was bought for less than a third of the value the ask implies - Four active lien filings the listing never mentions - A 2020 PPP loan that suggests revenue has more than doubled since 2019 - A second service area and a third service line that aren't in the listing I also ran three valuations (earnings multiple, discounted cash flow, comparable listings) plus a check on what an SBA loan would actually support. Three questions for anyone who has been through this: 1. Which of those findings would have changed an offer you made? 2. What did you last spend, in money or hours, checking a deal before the LOI? 3. What would you want checked that isn't on that list?