If it passes this test I get a hold of my agent and we work it further, at this point I am prepared to make an offer contingent on inspection of property and financials.

States have different requirements but you could get paid to help someone do the work then once you have experience you could test to get a contractors license (seems to be a shortage of contractors).  

Run a stress test and see how much you would need to weather a 3 to 5 year downturn.

How do i basically test the rental market that is not saturated.

I believe in Maryland you have to get the house tested and certified before renting it.

The odds that all parties will pony up on a loss is slim. 

I used to do social engineering tests for a computer security company.

The test scores I think are substantially higher on average and home schoolers frequently win in competition far more than their represented capita.

Also do a mold test once you are done so you can disclose any mold was taken care of.

The well owner is required to test the well in accordance with health standards of Virginia.