It's a good idea to pull the back off the sryer as well and vac the lint from the exhaust, element housing, and switches and wires.

A house that burnt five years ago and has been sitting exposed to the elements for half-a-decade ... if you are lucky, it's a knock-down and you would be buying it for lot value (or a little under).

After replacing the elements, the problem was resolved. 

At one acre, you're probably fine, but if it is the largest lot in the area, you might consider this aspect of valuation.Other elements that can effect residential land values are; yes, location.

If you get an itemized bid, it’ll show the costs for all of the various elements of the job, including:Demolition and hauling trashFraming and finish carpentryPlumbingElectrical workHVACTiling or other floor covering installationsLighting fixturesDrywall and painting That makes it easier to compare different contractors’ prices.

Then may some window trim or elements of interest.

About all I would add is to meet with several pros, like an architect with experience in this area, lenders, environmental firm, for lead asbestos, etc, engineers to make sure the place is even sound, subs in all areas, etc...etc..

I had just completed a course on Environmental Management and planning to start a small business.

If there is an environmental issue, now is the time to know, not after you own it.Thirdly, you said many of the tenants have been there over 30 years.

Your lender may also insist upon a Phase I Environmental Assessment {but, hopefully not a Phase II}.