I agree with having an exit clause drawn up and allowing the buy out from either party. 

If that wasn't done and the split is an amicable one, then presumably a buy out is negotiated among the participants which can be structured as the parties see fit.

Do you mean the audit part?  I

We are still under 3rd party financing contingency, collection seems to be strong (according to broker) and we are getting a new roof, and some credits. 

I get an idea of what is on record thru county recorder website and 3rd party vendors like Black Knight or Datatree. 

As jamie just noted I did a webinar yesterday on this topic on showing investors how advantageous a partial can be for all parties involved. 

I found out later that the seller had a lot of heat from the city for renting the property to 10 grad school students who liked to party.

You can try a value dispute to support your offer, and maybe the lender will come down in value and you can come to a middle ground for both sides to accept your offer OR, you have to back and let the listing agent do their job and get a buyer in who will pay what the bank wants.Get your license and get a referral fee if you brought the parties together. 

How do you other out of state investors verify the repairs that your PMs say need done.Thanks  When in doubt you can always call in a 3rd party to look at it.

In one case both parties were on the lease, so they had to agree in writing that one person would be removed from the lease, and the person staying would be financially responsible for rent, cost of changing locks etc. - I set it up so I met with each person one on one as not to put anyone in danger. 2.