Focus primarily on the electrical and/or structural issues that come up. 

Does your shed have electric, plumbing, a/c?

That could make a difference because if you're in a heating climate with a gas furnace that could be cheaper to heat with than an electric mini-split as they become less efficient at very low temps. 5.

Electric, gas, water, sewer, data/telco, and storm.3.

Anything with major work like kitchens , baths, structural, electrical, plumbing, etc will likely roll into more time...Where did you get the 3-4 months timeline?

Accordingly, I elected NOT to pursue defamation charges or to recover the almost $400 electric bill that I paid while the property sat vacant. 

The place is overgrown and currently not liveable but is on a town road and has water/electric/sewer.

Electrical - Hopefully the electrical has been updated.  

The house will need new interior everything - plumbing, electrical, kitchen, bathroom, walls, etc. 

The electrical?