The best way to do this is ensure you buy a single family property that will be an excellent rental (after repairs of course) if things go south and it doesn't sell.

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Great for master metered properties but need to ensure the state where your rental property is located, supports it. 

I'd clearly pay everyone for their troubles, but having a legitimate list of what needs to be done, along with an actual price for the rehab would clear any doubts I have on my first deal and ensure my offer is adequate.  

I'd recommend reviewing your specific policy with the agent selling it and ensure you know exactly what is covered versus not covered.

Chances are the water company just came up to the meter and unlocked their valve, then noticed their wasn't a gate valve on the house side of the meter, after 30 gallons was sent through the meter they shut off the water to ensure they didn't flood any area of the property and determined that you need a gate valve and that translated to "you need a plumber to bring the property up to code" rather than saying "you are missing a gate valve on the house side of the water meter, code requires it".

Ensures that you can use the same staging furniture in each house, as the color schemes are the same.In terms of staging, if you're planning to continue flipping houses, I highly recommend buying a set of furniture and just move it from house to house.

I keep about $10,000 in cash, plus high credit balances to ensure that I am covered in all emergencies.  

But, before doing so, ensure that you have the ingredients to be successful and it begins with getting REI educated.Don't get bogged down with analysis paralysis.

The reason is to ensure that the borrower does not take on more debt in a project placing their ability to pay as they originally presented or qualified for.