Not because I don't believe in Des Moines, but because many ppl see the bright and shiny object of another city and "the grass is always greener" mentality.That being said, if you absolutely wont invest somewhere more local, maybe because of the economy or the governmental laws in your state, I can attest, Des Moines does have properties that meet many investor's criteria. 

But the potential conversation about the seller's highest objective and the agent's intent is both useful and very ethical.  

From the various responders a start might be:- Welcome - Meeting Objective- Skills/team needed- Flipping Vs Landlording- How/where to find deals- Financing alternatives - Estimating and analyzing deals- Renovation/Contracting- Selling- Property Management - Wrap up/Path ForwardThat should get you started - cross out, add, change, etc. 

My objective is to rent out the home and ADU separately

If they object, they can buy their own property (and wait for their lender to require same).Frankly, in my opinion, this is a peek into the type of tenant they will be - challenging you at every turn. 

Seller hereby waives any rights under state or other law to object to the release of the Deposit if this Contract is cancelled by Buyer during the Inspection Period and waives any right to provide any additional written consent to the release of the Deposit if this Contract is cancelled by the Buyer during the Inspection Period.6.

No system is perfect, so don't waste time chasing after the next shiny object.

Consider your objectives and budget.

Cost should only be an objection in the absence of value.

My personal suggestions would be to have a discussion with your partner to learn what objectives need to be achieved with the agreement and then have that discussion with an independent attorney who specializes in business law.