Still smells fishy to me.

I live in Bedstuy and there have been a few dead bodies and drug raids on my block but the neighborhood is seeing much better days and even much better tenants.

Although it smells a bit moldy under the kitchen sink."

In turn you can sell the property for 85- 90% of the ltv to the potential home buyer also allowing you to help them possibly with a down on a fha loan which right now just about any body can get they just don't have the down payment.

I am a real estate agent with a year of experience in multi family,I may now have the opportunity to sell an automotive body shopthat will most likely be a re development or infill development,I can I outline what I have done so far and tell me what other issues I should be thinking about ?

With your partnership taking Title to the property and taking out the loan, its still not a "warm blooded" body, i.e. you.

I should have known to stay away, because of the homes I did see, all but one were in terrible condition (smells, damaged walls/exterior, sinking flooring). 

I always hate coming home from vacation where I missed a trash day since it smells so bad, I can't imagine just not taking out the trash and voluntarily living with the smell. 

It took weeks for the smell to "mostly" go away.

I had documentation from two governmental bodies that the property had been inspected and found clear of issues.