Thank you guys for your replies. I have already reseated most of the chips, but no luck. Should I have done that to all of them?
When it comes to the battery, I did remove it immediately when I received the computer. Unfortunately, the battery has leaked, but nowhere near as bad as the pic you have above. I'll try to take a picture of that area so you guys can see if the damage is really bad.
I forgot to mention that the Amiga power LED would blink for 10 times and then an 11th time for a little bit longer. After that, it looks like the screen would "reset"(or flash) itself and continue all over again.
Good luck, oh, and welcome to the site! 
Thank you for the warm welcome

. I hope to get this machine running perfectly so I can contribute more to this forum.