Im basically just trying to figure what's the next best step.

There are basically two homes (One in front of the other) on a rectangular shaped piece of land. 

Basically I'm working on an apartment aqusision, the very beginning stages, and trying to figure out what would be the highest loan to income ratio I should be willing to go. it's an 8 unit apartment building with an 8% cap rate. 100% rented for 10+ years.

. - Mortgage lenders are not expected to source where they got their money from, so your partner's money can come from basically anywhere.

I could charge but 99% of landlords include it so it's basically expected.

Basically this allows the buyer to walk, upon giving notice during the inspection/study period (this could be 15, 30, 60 days or more depending on the property), and obtain a full refund of the EMD.

Even if you have good electricians, plumbers, and/or inspectors take a look at the property, there are likely going to be issues they cannot discover without basically gutting the property.

Currently, I start with a title search to get a basic list, but the owner name is not provided and the square footage is often incorrect. 

Basically like a stock!!!!

It is liveable, and we have a friend who will be living in it to basically babysit it, so local criminals don't target it.