I am currently stationed overseas so I will not be able to actually conduct a walkthrough.  

In this case I may not have as much as I would like so I would want to make sure that I conduct thorough due dilligence as I would when picking a stock.  

Is it possible for me to request no tests are done for a specific period of time for me to conduct a reliable test of my own? 

Continue to conduct your diligence thoroughly & happy hunting. 

If i could do this, what tax implications would this impose on my business and if this is not the correct way of conducting business, I would like to hear how i would go about making sure i am doing everything 100% legit.My goal is to setup my LLC first and then look into purchasing property, however, i have no preference of US State as my 1st property and my 2nd property might be in different states and so on.

@Kirk Perecich a HUD special agent would simply conduct/set up technical surveillance for a bit and watch you go home to your residence.

This is more challenging with residential properties (1-4 units) and small multi-units (5-10) as the owners of such properties frequently do not operate them as a business and have less than stellar record keeping.Once your have your Net Operating Income (NOI), deducting your debt service and capital reserves (monies set aside for future capital expenditures: i.e. new roof, windows, hot water tank, etc) leaves you with your cash-flow before taxes (CFBT).As part of your education, you can take real life properties being offered for sale and conduct the paper exercise of anaylising their performance. 

There are plenty of shady dealings in real estate, but the vast majority of them are conducted by shady people, not specifically because of shady laws or regulations.

I've found those are the types who couldn't investigate their way out of a wet paper bag much less conduct a good tenant screening.

Is this "buyers rep" conducting a legit short sale or is this illegal since he doesn't own it?