Age: I think it will but you can minimize it by being knowledgeable, professional, confident, and fair.  

Quote from @Rajagopalarao Paidi: Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has Do it FSBO if you want to save them and then hire a TC or company to do the work...

I would imagine if the home is being prepped before hand to remove all hazards, post burn there should be minimal debris.

The work to connect the water line is minimal, plus it will make ice for you.

In France, they sell wine.They identified their customers (in your case, reliable tenants) and provided what they wanted to buy (rent).SummaryFollow this proven, step-by-step process to maximize your chances of success and minimize risk in real estate investing.Has this process proven successful?

Frankly, you sound like most operators of these investments... promising sky high returns and minimal downside risk.

Avoid over-leveraging your home to minimize risk.

However, you'll minimal capex/maintenance/vacancy and the overall return after 5 years could be very strong. 

(Minimal competition, high demand, and 20 year operating history with repeat & longterm clients) Agreed!

You've got to remember the home has already been through numerous inspections prior to delivery, so the time it takes to finish is minimal.