let's say i am looking at to identical house, where each one of them will produce $500/month after refinance.

The operating cost on each building is almost identical, so I will just use 1 building as an example. 

I have a identical fireplace lay out in my home, wall to wall, raised hearth  (much nicer brick) and have not used it in 25 years.

They are next to each other and are identical, each have (2) 2-bedroom apts and (2) 1-bedroom apts.

However, this is a family partnership and I want to keep the equity split identical.

I don't know that I've ever met a 1st gen African LO, but I've met 1st gen LO Russians, Latinas, Brits... and to the extent that African accents are associated with "Nigerian Prince" schemes, note that the overwhelming majority of LOs doing shady things circa 2004-2007 had accents identical to what you would expect my accent to be based on my profile picture, so you certainly shouldn't assume that I'm not shady based on my accent any more than you should assume someone is shady if they have an accent that sounds African.

I want to minimize my ties/ hide most of my identity; so that if someone tries to sue or take my property they don't get everything and might not know what I own or may own...I want to know the best way to secure the land to keep people from dumping on it or living on it... the land right now is pretty worthless and I doubt someone currently would want to live long term there, but in the future amenities and with more people might move back/into the area, which currently right now is pretty darn rural and uninhabited. also, how would I find out if septic is still good since there were no issues before the structure(s) left or no longer stand...?

FHA and USDA appraisals are identical. 

Purchased for 300K, identical apartment next door to me sold in Aug 2018 for 450K. 

Originally posted by @Bryan Johnson:Hello everyone I have a question I’m hoping you guys can help me with I plan on using HM for a Brrrr strategy after the property is fixed up and ready to be refinanced into a conventional loan what requirements do conventional banks require you have to refinance I understand I do need good credit which I have but do they look at Dti’s  besides good credit thanks for the feed back I would like answers for both conventional residential and commercial loans  Mostly the refinance requirements are identical.