C
Cyrano Security
14 min read
For acquirers of occupied residential multifamily

You have 21 days to inspect an asset where you cannot legally enter 300 of the 312 doors.

What you can still see is

Every listing for residential multifamily for sale is on LoopNet, Crexi, CBRE Deal Flow, Ten-X, and Zillow Commercial. They index unit count, cap rate, year built, submarket. None of them have a line item for what the property actually does during the hours the buyer cannot be inside it, because until now there was no standardized way to read the DVR in the closet without asking the seller to recover an admin password nobody has. This guide is for the buyer who wants a behavioral inspection of the common areas during the 21 day window, delivered as a 9 field indexed event log, with no DVR credentials and no cooperation from seller IT.

Run a pre-close HDMI tap on the occupied transfer
4.9from 50+ properties
Read-only HDMI tap, no DVR credentials, no port forwarding
4,900 indexed events from a 21 day tap on 16 common area tiles
Identical 9 field payload across 14 common DVR brands
Median 7 second capture to index latency

The structural asymmetry of the 21 day window

A residential multifamily sale is not the same as a vacant commercial closing. Every occupied unit is a tenancy the buyer inherits, which means the buyer has third party obligations the moment the deed records. The short inspection window is a legacy of that. Most acquisition LOIs allocate 21 days for feasibility, and the convention in the industry is that 21 days is enough because the property has been operating for years and the buyer is not discovering anything that the seller did not already disclose. That convention assumes the seller has a complete picture. For the office DVR, the seller rarely does.

The buyer gets into 3 to 8 vacant or notice to vacate units, walks the roof, reads the PCA, reviews the estoppels, and signs. Everything else about the day to day operation of the property, the part that produces the NOI, is invisible. The buyer has to trust the rent roll, trust the T-12, and accept that common area behavior is a blind spot until they own the asset.

The HDMI tap is the way out of that blind spot. The cameras were already recording. The DVR was already rendering a multiview to the wall monitor. The buyer just needs a read only appliance on the cable that is already there.

What the buyer cannot see vs. what the HDMI tap reveals

The buyer does not need to see inside unit 312 to underwrite the property. They need to see the behavior that pools around unit 312. The tap reads every common area tile on the DVR's multiview, and the event classifier pulls the behaviors that actually drive operating risk.

Inspection boundary: what the buyer cannot legally enter, what the DVR HDMI already renders

300 occupied units
In-unit behavior
Tenant disputes
Interior damage
Cyrano HDMI tap (read only)
Pool gate tailgate events
Mailroom loiter density
Fire lane vehicle_dwell
Dumpster dumping pattern

A behavioral inspection walkthrough

The dashboard session below is representative of a buyer's rep reviewing a 21 day tap on the Monday before LOI close. The property is a 312 unit Class B asset in Texas, 16 active tiles on a Hikvision DS-7716NI-K4, 94 percent occupancy, listed on Crexi at a 5.9 cap.

Pre-close review: 21 days of common area behavior
mk0r preview

Filter: tile.label = 'Pool Gate', event_class = 'tailgate', last 21 days

1/514 tailgate events after 10pm. Pool gate camera was captured behind a shrub that grew over winter.

One event record, written by the tap

This is the exact JSON shape Cyrano writes for every indexed event, regardless of which DVR is in the closet. The overlay_mask field is the specific field that lets the same schema work across a 14 brand library of recorders.

tile.label

is the camera name the DVR stamps on the strip, not the channel number, which means buyers can read the property without ever memorizing channel maps.

cyrano.event.json
Anchor fact

21 days on 16 tiles produces roughly 4,900 indexed events with zero unit entries

On a 312 unit Class B asset in Texas with a Hikvision DS-7716NI-K4 in the office closet, a 21 day inspection-window HDMI tap on the 16 active common area tiles produced around 4,900 indexed events at a median capture to index latency of 7 seconds. The buyer's rep queried pool_gate tailgate (14), mailroom_interior loiter (~4x Wed peak), fire_lane_n vehicle_dwell (18 nights of 21), and dumpster_pad non resident person_in_zone (5 in 21 days), all without entering a single leased unit. The seller's DVR was not touched, no admin password was used, no port was forwarded.

The shape of each event record is the same 9 fields: tile.label, tile.index, tile.coords, property, layout_id, overlay_mask, event_class, iso8601_ts, and latency_ms. That shape is what lets a portfolio level filter replace 6 separate DVR logins when the acquirer is closing a multi asset residential package.

The 21 day window, phased

The HDMI tap is not a replacement for the standard inspection work. It is a parallel track on the common area behavioral question that the rest of the checklist does not address. Here is the phasing most buyers we work with use on an occupied transfer.

Inspection period: parallel HDMI tap phases

1

Day 0: LOI accepted

Access addendum includes one line on a read-only HDMI tap. Unit ships overnight.

2

Day 1 to 3: baseline

Unit plugged inline on DVR HDMI. First 72 hours establish which tiles are live vs dead.

3

Day 4 to 14: behavior

Two full operating weeks observed. Weekday vs weekend pattern separates. Package day peaks visible.

4

Day 15 to 21: anomaly review

Buyer's rep filters by tile.label and event_class. Coverage gaps documented. Insurance narrative drafted.

5

Day 21: close

Unit stays plugged in, transfers with asset. Log is continuous from pre close to post close.

Representative numbers from a 21 day pre-close tap

Source: dashboard session logs from a 312 unit Class B multifamily asset in Texas, 94 percent occupied at list, 16 active common area tiles on a Hikvision DS-7716NI-K4 recorder in the office closet. No DVR credentials or seller cooperation beyond the access addendum.

0Indexed events in 21 days
0 secMedian capture-to-index latency
0Active common-area tiles read
0Occupied units never entered

Same schema, every recorder in the closet

Residential multifamily DVRs come from a predictable short list of brands. Cyrano ships overlay_mask templates for each, so the 9 field payload is identical whether the recorder was installed in 2016 or 2024. A buyer closing a 6 asset residential package with 6 different DVR vendors receives one unified table, not 6 proprietary exports.

Overlay mask templates shipped with every Cyrano unit. New recorder brands added on request.

DVR brand coverage

Hikvision DS-7xxx

Dominant Class B/C brand.

Dahua XVR / NVR

Common in 2019 to 2022 installs.

Lorex

Consumer grade, owner installs.

Amcrest

Small portfolio default.

Reolink NVR

Post 2022 handyman installs.

Uniview

Import brand, Class C.

Swann

Consumer, 2018 to 2020.

Night Owl

Costco / big box.

Q-See

Legacy 2015 to 2018.

ANNKE

Amazon storefront brand.

Bosch DIVAR

Commercial tier.

Panasonic WJ-NX

Commercial, Class A.

20

At one Class C multifamily property in Fort Worth, Cyrano caught 20 incidents including a break-in attempt in the first month. The customer renewed after 30 days.

Fort Worth, TX property deployment

What the tap costs, what the alternatives cost

Residential multifamily acquisition costs have been squeezed by cap rate compression and interest rate pressure. A buyer adding a line item to the diligence budget has to defend it against alternatives. Here is the arithmetic.

Hardware, one time
$0
Per property, transfers with asset
Monthly software
$0
Per property, per month
Pre-close inspector day
$0
Point in time, ~6 hours onsite
Continuous observation hours
0
21 day tap, vs 6 inspector hours
We used to price occupied transfers on the rent roll plus a leap of faith on common area security. The 21 day tap lets us price the common area behavior with the same rigor we price the T-12.
M
Multifamily acquisitions principal
Southeast sponsor, 4,200 units under management

Run a 21 day HDMI tap before the inspection period closes

15 minute walkthrough. We plug into the HDMI of a live residential multifamily recorder and show you the 9 field event log you would hand the buyer's rep on day 21.

Book a call

Frequently asked questions

Why does the keyword 'multifamily residential for sale' point to an occupied transfer problem at all?

Because the residential multifamily asset class is defined by tenancy. At list, the property is almost always 90 to 96 percent occupied, every unit has a lease in force, and the buyer's right of entry is governed by the tenant's lease, not the seller's goodwill. The buyer during a 21 day inspection window typically gets into 3 to 8 vacant or notice to vacate units, and every occupied unit is off limits except for common area scope (HVAC, roof, envelope, meter runs). The asset the buyer cannot walk is bigger than the asset they can. Common area video is the only continuous behavioral record of the part they cannot inspect through a door.

What exactly can the buyer inspect inside a 300 unit occupied property during the 21 day window, and what can they not?

They can inspect: vacant units on turn (3 to 8 typically), the lease files, the rent roll, estoppels that came back, the T-12, the PCA envelope and site scope, the boiler, the roof, the electrical panel, the meter room, the amenity areas (pool, gym, dog run), and the office itself. They cannot inspect: inside any unit with a signed lease and a tenant in residence, which is all the other ~290 to 297 units. The behavioral reality of the building, how people move, who tailgates the gate at 2am, whether the dumpster gets dumped into by non residents, whether the pool gate actually latches, is only observable from the common area cameras. That is the asset the HDMI tap reads.

How does Cyrano produce a behavioral inspection without going into units?

Cyrano plugs into the HDMI output of the DVR already in the office closet. That HDMI output carries the 4x4 or 5x5 multiview of whatever cameras the DVR is recording. The multiview is almost entirely common areas, parking, dumpster, mailroom, pool gate, dog run, leasing office lobby, breezeways, because that is what multifamily cameras cover. Cyrano decodes each tile, masks the DVR's rendered chrome (clock, camera name strip, channel bug) with a brand specific overlay mask, classifies what it sees (vehicle_dwell, loiter, tailgate, package_pickup, person_in_zone), and writes a 9 field event record plus a 480x270 JPEG thumbnail. 21 days of tap on a 16 tile multiview produces roughly 4,900 indexed events. Every event has a tile.label, a timestamp, and a coordinate. The buyer has a behavioral log of common area activity without ever crossing a leased threshold.

What are the 9 fields Cyrano writes for every event, and why does that specific shape matter for residential due diligence?

The fields are tile.label, tile.index, tile.coords, property, layout_id, overlay_mask, event_class, iso8601_ts, and latency_ms. That shape matters because it is identical across recorder brands. The DVR in the closet might be a 2017 Hikvision DS-7716NI-K4, a Dahua XVR, a Lorex NVR, an Amcrest, a Reolink, a Uniview, a Swann, a Night Owl, a Q-See, an ANNKE, an EZVIZ, a Bosch DIVAR, a Honeywell Performance, or a Panasonic WJ-NX. Every one of them stamps its own UI chrome on the HDMI output. Cyrano's overlay_mask field says which brand template it applied. That means a buyer acquiring a 6 asset residential portfolio with 6 different DVR brands gets one 9 field table back, not 6 proprietary exports. Portfolio level inspection becomes a single filter, not a week of site visits.

If the buyer cannot enter occupied units, how does an HDMI tap of the common area tell them anything about in unit issues?

Second order signal. If the tile labeled Mailroom Interior shows a loiter event spike every Wednesday afternoon, that is not an in unit issue, but it is a package theft exposure the buyer inherits. If the tile labeled Breezeway B3 shows 14 after hours tailgate events in 21 days, that is a common area security posture that correlates with resident complaints and with GL insurance loss ratios. If the tile labeled Pool Gate shows zero events for 7 straight days while adjacent tiles are active, the camera is dead. Every one of those signals shows up in the operating pro forma post close. The buyer cannot inspect inside unit 312, but the buyer can inspect what walks past unit 312 at 11pm. That is frequently the more diagnostic data.

Is the seller required to cooperate with an HDMI tap during the inspection period?

Cooperation is minimal. The unit plugs inline on the cable that runs from the DVR's HDMI output to the wall monitor in the office. No DVR credentials are requested, no DVR settings change, no ports are forwarded, no recorder access is granted. The wall monitor still shows the same tiled multiview it always did. Seller counsel occasionally asks for language in the access addendum confirming the tap is read only and the DVR is untouched. That language is standard. 72 hour taps through 21 day taps have both been run during inspection windows. The longer the tap, the richer the behavioral log at LOI close.

How does this interact with agency financing (Fannie Mae DUS, Freddie Mac Optigo) at close?

Agency lenders increasingly ask for a security plan as part of the loan package. Historically that has been a narrative document. A 21 day tap produces an exportable PDF with charts by event_class, a CSV for the servicer, and thumbnails for any flagged event. Lenders find the standardized shape easier to audit than a raw DVR timeline. It is not a substitute for the lender's own checklist, but it is a strong supplement and it fills the operational section of the package that buyers often struggle to produce for occupied transfers where they cannot produce their own site walk photos of every camera view.

Why is the HDMI path specifically more reliable than asking for an RTSP or ONVIF feed from the cameras directly?

Three reasons. First, most residential multifamily DVRs are behind NAT on the property's ISP with no port forwarding configured and no remote admin credentials that still work. RTSP from outside the property is effectively unavailable. Second, even on property, the DVR may have RTSP disabled, ONVIF credentials lost with the last property manager, and camera firmware versions that predate modern authentication. Third, the HDMI output is a passive signal. Every consumer and commercial DVR produces it for the wall monitor. It is there, it works, and reading it does not require the seller's IT to recover anything. For residential multifamily where the DVR was installed by a handyman in 2018 and the handyman is not returning calls, HDMI is the only layer you can count on.

A 21 day inspection window is short. How much is too much tap data?

21 days on a 16 tile multiview produces around 4,900 indexed events. That is enough to see the full weekly cycle (weekday vs weekend), the package cycle (Wed, Fri peaks), and one full operating two week period of the property. It is not enough to see seasonal variation, and it is not enough to see the 30 day insurance renewal window a lender typically asks for. For that, the common playbook is to acquire and leave the unit running, which gives the new owner 30, 60, 90 day post close extensions on the same 9 field schema. The pre close log and the post close log are continuous because the shape does not change between ownership.

What does the buyer do with the tap log after closing?

Most keep the unit plugged in. The hardware is $450 per property one time, the subscription is $200 per month per property, and the unit transfers with the asset at close. Post close, the tile.label events continue to accrue and the buyer now has a continuous timeline from 21 days pre close through the full hold period. That continuity is what makes the day one incident log queryable against the last week pre close, which no DVR UI supports natively. A few buyers unplug the unit and redeploy it to the next acquisition. Either choice works, and nothing in the hardware is tied to the recorder brand in any specific closet.

How does this compare to hiring a residential multifamily inspector to spend a day walking common areas and writing a report?

An inspector walk is a point in time observation of roughly 4 to 6 hours. A 21 day tap is a continuous observation of 504 hours. The inspector writes a narrative; the tap writes a 9 field event log with timestamps and thumbnails. The inspector costs $1,500 to $3,500 per property. The tap is $450 one time plus the subscription. The inspector is useful for envelope, roof, and mechanical. The tap is useful for common area behavior. Most buyers doing occupied residential multifamily transfers now use both, because they answer different questions. The inspector cannot tell you who came through the pool gate at 2am on a Thursday. The tap cannot tell you if the roof flashing is lifting. Different tools for different scopes.

🛡️CyranoEdge AI Security for Apartments
© 2026 Cyrano. All rights reserved.

How did this page land for you?

React to reveal totals

Comments ()

Leave a comment to see what others are saying.

Public and anonymous. No signup.