Hello, I'm in search of a student housing lease and wanted to know if the BP lease, for my state, is a good foundation that I can adjust to fit my niche. 

Are there any questions one could ask that could at least give one enough of a feel for the condition of the property to be able to make an educated guess, make the offer, and then adjust from there if necessary after I DO pay a professional to inspect the property?

If you plan on building a portfolio, eventually you’ll probably wind up working with adjustable rate mortgages.

Hen you can adjust as needed to lay out the money portion of it.

Consider it "free expedited reality adjustment".

Our terms right now are 7.95% (adjustable after 5 years) 30 year mortgage. 

I am a licensed and bonded Public Insurance Adjuster as well as an experienced skip tracer.

Obviously we don’t think the % should be split based on simply financial investment, because of our hands in involvement, but how do we adjust our % to make it a Win win, based on me negotiating everything and my partner locally here helping with everything in between?

in the yard.Section 8 reevaluates tenants periodically and adjusts their contribution amount.  

Multifamily is allowed in the IS zone where you own your other property.You would need to go to the Zoning Board of Adjustments and get a variance in order to add those additional units.