There is a limited and standard.

In Atlanta, you're required to attend a briefing/meeting, then complete the application and provide requested info about the property, then they schedule the inspection and approve or reject the application per the standards.

Should I treat these properties like I would a standard flip or should I use more durable, yet less attractive finishes for the property since there's no guarantee the tenant will buy?

Only thing I would say is expect to pay 20% down since the property you are looking to purchase will not be owner occupied and 20% is typically the standard for investors. 

All went well until we started to discover things that were not disclosed. to make a long story short, the seller and broker both knew (have proof) of converting a aerobic field into a parking lot and leaving the aerobic system in back of the property which fills up with rain water and leaves my sewage system useless. they literally abandoned the sprinkler and pump system and covered it with material. 

Many lines in the water (especially if you're searching for off market and non-MLS properties and deals) is a great idea!

HVAC, water heater, etc.).

If it already has water and sewer that could change it by a couple thousand, but not much.

Was there to repair unrelated damage and saw water but was less than a hot shower causes in a bathroom.

Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partner buy into the deal with cash and had his name added to the deedthere was no recorded transfer of $$ at this closingMy partner is now offering additional cash to buy me out of the partnership and take over 100% of the dealHoping to better understand at a high level what the typical path forward would look like in this scenario ?