If you're not comfortable with leases and disclosures and dont' have a network in place like electricians, plumbers, handyman, etc., that will help without you being there, then might be best to hire management vs long-distance landlord, at least until you're comfortable with it.  

Or will you send a licensed electrician and pay $100 to reset a breaker?

Pete area and are looking for Electrician and HVAC recs.

PM needs to have their trusted Plumber their trusted Electrician their trusted handyman/ pickup work  person..

For example, when pha slaps you with a surprise inspection cause their system "forgot" to send a letter and then issues a 24 hr repair notice cause one outlet in the house does not work but they send that notice an hour before they come to reinspect lol, a $7k course is not going to have prepared you how to get an electrician the same day.

Check with your trusted local licensed electrician.

@Pratik Kochar  I  would get a couple of electrician estimates. 

Our contract was accepted on 10/24/2016 and we have one extension in place, however still no word on the seller credit or if the field service manager has gone to inspect the property, in the meantime we have gotten two estimates for the repairs form a plumber and an electrician, but now our lender is giving us trouble due to an overlay and we have to change lenders and move  to an 203K, is this ever going to end??

These expenditures are capitalized, meaning they are added to the property's basis and depreciated over time.Examples of Capital ExpendituresBuilding Additions: Adding a new room, deck, or other structural improvements.Major Renovations: Remodeling a kitchen or bathroom, replacing the roof, or significant electrical and plumbing upgrades.Appliance Replacement: Installing new HVAC systems, water heaters, or other major appliances.Structural Repairs: Replacing the foundation or significant repairs to the building’s structure.Labor CostsLabor Costs: The costs paid to contractors, electricians, plumbers, carpenters, and other professionals involved in the renovation are part of capital expenditures.Example of Capital Expenditures with LaborSuppose you renovate a rental property, including a new kitchen and bathroom.Materials: $15,000Labor Costs: $10,000Total Capital Expenditure: $25,000This $25,000 would be capitalized and added to the property's basis.

1) Get your contractor/electrician/plumber to see what you HAVE to do to remain within code requirements and meet those at a minimum.