I used to manage REO foreclosures and it was crazy to see what a cheap bid did long term as opposed to a legit complete remediation bid by a quality specialist.

Contact Guardian Water & Power for a competitive bid. 

If they are paying way below market rent, and you make the needed correction to bring market rents, you could be dealing with a crabby tenant as your new neighbor.Another consideration is size of unit. 

If garage opener was not working correctly that would be a different story.You did your part by making sure Garage Opener is functioning Properly..

The VA also has a one-time close construction loan SF only, this is a beautiful tool if you find a lot that needs a house, the builder takes all the risk and you just sign papers and get a key- if done correctly it would be a home run- I see on Zillow today a three lot sub for $183K in Chula Vista if you have other VA friends you might get a great deal from a builder.

however your correct for a second mortgage the points and fee's are quite good.

If I recall correctly, that PA statute refers to the Unfair Trade Practices and Consumer Protection Law ("UTPCPL") for liability.

Connect with experienced investors, learn everything you can, and get deals done correctly.

What are some BIG things that I need to be sure are included/correct coverage?

Best to have an abstract of title done prior to bidding.