Every 15 yrs HVAC, every 20 roof/kitchen/bath, every 5 flooring...  

With that said, get materials ordered early - especially for kitchens and baths.

Likely just light cosmetic, fix ups, bath and kitchen remodel, landscaping. 

(Noticed I didn't include architects in that list - from my experience most architects are great at building design but shouldn't try to do land planning.)If you have never done any development like this before than it would make sense to partner with someone who has (or flip it entirely) once you have a site plan of the property's potential.

You're correct to say that industry is high inefficient, that's because it was designed that way.

New electrical and plumbing were needed after doing the demo of the kitchen and bathroomsOn the buying materials, I did buy the kitchen cabinets (in-stock), countertops, bathroom vanities, tile and plumbing and light fixtures (not the recessed lights which the contractor bought).

Not sure.If not, then I don't believe bitcoin or crypto moves outside of some niche 'damn them all' anarchic kind of bent.Lightning network is a technology that is designed to solve the fees problem, but it's probably still a ways away from being used.

Short sales by design are listed on MLS (always and always are arms length) and not below value, or the lender would more than likely decline any short sale offer.

It can be a conversation in search of a win-win, a mutual effort vs adversarial negotiation as on-market is designed to be. 

the place came w/ a fully liveable basement, including kitchen, shower bathroom the rooms have windows.