David,Before you choose a lender, I suggest you attend a seminar conducted by Joe Massey at Castle & Cooke Mortgage.

@Pat Jackson You should read these threads - in one of them I also posted a list of questions you need to clarify with your partners:https://www.biggerpockets.com/renewsblog/effectively-conduct-joint-venture-agreements-as-a-real-estate-investor/https://www.biggerpockets.com/forums/48/topics/596231-how-do-i-properly-construct-a-purchase-with-a-partnershiphttps://www.biggerpockets.com/forums/51/topics/591376-create-an-llc-for-first-partnership-best-way-to-do-sohttps://www.biggerpockets.com/forums/51/topics/526244-taking-on-partner-s-and-limiting-our-liabilites

It is on the buyer for sure to conduct (the right to their own inquiry) but can really help if you have a specialist that does those day in and day out. 

Finally, once you're ready to make a purchase, make sure you conduct a very thorough due diligence of any numbers given to you by prospective buyers and their agents. 

During a short sale, the banks are allowed to conduct market analysis and get an appraisal to determine if your offer should be countered with a higher price. 

Looking for insider tips on appropriate paperwork and legality of conducting lease options in the state.

So, the buyer should have the time from day 7 to day 17 to conduct inspections with the disclosures in hand.

That said, when I looked for my first flip I was nervous too, and conducted inspections. 

Investors don't explicitly pass them on to their tenants but rather implicitly factor them in because they factor that it when conducting their acquisition analysis. 

Your conducting business everytime you sign your name on anything......It all started with Wikipedia....Schools are fighting the internet disrupting their market share on education.