That's a sensitive question to ask  about the insurance money but if tht money is given it typically expected to be used to fix up the house.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

As @Brian Burke mentioned once the funds are in there is pressure to deploy as the clock is ticking.Sophisticated investors are aware of this and are sensitive to operators looking for fees and doing marginal deals just to keep the capital moving.Third party Fund administration and audits are also very important to the more astute investors and will help in raising your first fund.

It seems that you have a very sensitive nose, so when shopping for your next house, make sure that you make it clear to the agent that you do not want a house with bad odors. 

Samuel,Man I wish was thinking like you are when I was your age.Your questions are good ones and show a sensitivity to how your inexperience and youth might be viewed by agents. 

You might want to find a lender now that will be favorable to you (but might be time sensitive to your double closing). 

Maybe the time-sensitivity angle might help you in your negotiations.

It seems like - and I say this as a complete outsider - buyers are very price-sensitive. 

You are allowed to enter a property for an emergency and dealing with sitting water is definitely time sensitive. 

I have the ability to generate time-sensitive access codes.