Figuring the seller was milking the property and doing minimal upkeep, the inspection team report has so far already helped me bring the seller down several 100K in asking price.

I am ok with the property not cash flowing right away, but I would like my living expenses to be minimized by a lot if I am house hacking.

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

And like you say some people are more in the dark end of the spectrum when they run their business.

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

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?

GP's going dark on the LP's, no response to communications etc.

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...

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

In Orygun its dark and raining so we over size our windows I would say our homes let in 50% more light than a Lennar house and their windows that are done to minimum UBC code..