I'd insist on being alerted regarding any new tenancies, and being a part of the screening process, so you don't get stuck with an under-screened tenant that you have to evict shortly after purchasing the property.

If the first guy is insisting on "all new wiring", the second guy might say, "it's ok to keep that", and that same logic applies to all the various parts of the system. 

Our Insurance carrier insists we seal them or no coverage. 

Good cash on cash returns take some work, like raising rent over time, doing light value adds, etc..If you jump in and insist on high cash on cash returns from day one you may find yourself in a tough neighborhood.  

That being said, if this is something you don't typically do in Nevada, insist that you close on your terms, with your process.

He WILL start getting the message that you moved on; and if worse comes to show and insists on final payment and goes as far as filing a lien against the property (which is highly unlikely because of the amount of fees and time involved) show the paperwork to the town of the vague contract  and pictures of the house in the AS-IS condition it is in; and you could also say he was suppose to finish the work in a certain time frame and it's still in this condition.You could also report his company to the BBB if worse comes to show. 

In my case, though, the listing agent insisted we still had a deal right up to the day it went to auction.

If she insists on staying and playing games, you'll hold her accountable and she can face termination, eviction, early termination fees, or whatever else that entails. 

I would insist on full payment and then they collect from the deadbeat.

i just pushed back on my agent and insisted on 8/1 inspection because if we do inspections 8/1 with 15 days to get mold testing back, we can close 8/21 or 8/28.