Commercial real estate transactions can be complex and involve significant amounts of money. That's why it's critical to take the time to do your due diligence before finalizing any deals. Essentially, due diligence is the homework you have to do before buying a property. It helps ensure that you make informed decisions, minimize risks, and avoid costly mistakes. The process of investigation, research, and analysis process is conducted to evaluate a property's viability and potential risks involved in the transaction.