Not quite 3000 if you have internal stairs (only count that sq ft once)... and if you have external stairs have you considered a duplex?

In my case, we funded it enough to pay the premiums internally (meaning no out of pocket payments at all) and earned about a 5% rate of return too. 

The wife checks out but her husband has a litany of criminal charges: hit and runs, DUI, etc. from not too long ago.Is this a legitimate reason to deny them? 

She was even able to sublease her room during all 5 internships, bringing in even more income and helping her cover the expense of interning in high cost of living cities like NYC and Denver, among others. 

Have you estimated the internal rate of return or equity multiple on the deal?

Internalize this inspiration. 

Curious to see if anyone has used a Private Money Lender from outside the U.S. I am communicating with a gentleman from Canada who would like to invest in us, 0% down and only 5%-7% interest, depending on the deal. Me...

I have an 8 unit apartment building that has two separate entrances (one for each 4 units) and each side has an internal door to the basement where there is laundry and extra storage. 

There are many ways to resolve the second concern, but they will result from personal guarantees or the internal governance of the LP and should be handled by an attorney familiar with LP investment vehicles and potential securities laws issues. 

7.If you like the property, are you willing to fill out an application for a credit, criminal, and eviction history report?