But if @Jacquelin Featchurs and her husband have any role as a general partner, it's a moot point. 

Hi everyone, I've been doing some researching learning different roles in the real estate transaction.

You must fulfill a number of roles.  

@Christian Sirio nice, well I guess to answer your question on how to go about not adding your partners social on docs you could do a deed of trust and promissory note which outlines you and your partners roles for the deal ( percentage rate and cash he's bringing in) this way he would be protected by the asset

The lease must be in force for the option to be exercised.

This is the single most important role for a successful investment (aside from buying right), so don't assume that B&M can or should be doing it.Since you're having trouble finding small MFR where the numbers work, have you considered something larger?

One of the roles they have is to find housing for these new hires.

Local real estate agents are a good source of information for property value, it may be a good exercise to call 3 to 5 local real estate agents and ask them for a simple CMA. 

With a lease option you don’t own it until you exercise the option...so you can’t borrow against it. 

Of course you can say “I can pay this much for the property or I’m not going to exercise my option to buy” and let them decide.