Analyzed a General Practice teaser this morning. Ask: $836k (4x SDE). Narrative: Stable cash flow / safe asset class. Reality (Triage Results): Revenue: -42.7% YoY ($2.4M → $1.3M). Liquidity: Current Ratio 0.34. Solvency: EBITDAR ($117k) covers only 49% of Rent ($238k). The business is structurally insolvent. The broker manipulated the add-backs (adding back owner comp) to mask that the business cannot physically pay its lease. This isn't a turnaround; it's a bankruptcy. Stop modeling upside cases on distressed assets. Kill the deal at the rent line.redacted DM me if you want the Triage Model I used to catch this.