Thanks for the welcomes everyone. Little update.
The lathe also came with a steady and follow rest, a 8" 4 jaw chuck, 6" 3 jaw is on it now. Also has a big plate roughly 10", not sure what it's called. Never used one before.
Threw a dial indicator on tonight. Back lash is 2 thou and when you move it back far enough to get out the back lash, it's very repeatable and the dials are spot on.
Looks like the oil drained out of the cross slide, so I'll look into that but I need to get it unloaded first. I sprayed it tonight so it won't rust, be in the stock trailer for a few more nights.