@Steven Jones I do t have advice you are looking for, but if you are doing Standard Fannie/Freddie financing another lender can use the appraisals with documentation it was ordered in compliance with AIR (appraisal independence requirements) proof paid for, color copy or appraisal and the Appraisal in a cal format.

Certificate of Land Compliance filed?

No one here has seen your contract so it makes little sense to comment, but rest assured the answers you seek are contained in the four corners of your contract. 

BUT there is most assuredly a group of Handymen/women, that are proud of what they do and make good money at it as well! 

Update: A principal from the PM just assured me that the security deposit and any future monies collected from the previous tenant for damages would come to me :)Thanks to everyone who chimed in on this.Damon

Why not just do it with real numbers in the first place instead of wasting time with a step that, because of the number of estimates/fudgefactors you have in your "analysis" (and I use that term loosely...very loosely), will most assuredly lead you either away from a good deal, or towards a poor one. 

If you choose to go FHA, choose a mortgage broker who will call the seller’s agent and give them assurances that they underwrite efficiently and close on time.

I once had a tenant who let me know of some cracks in the wall, then assured me that he could spackle them, and I didn't need to worry.

Drawback is incorporation do have higher compliance costs (eg. tax filings and annual returns with the province)

True, its not rocket science, but there is an art and a science to the compliance and strategy.