You may be required to have the septic and well inspected and there may be requirements to upgrade the systems to current code if you are pulling permits to do extensive work on the residence. 

I mean I won’t have a job if this is how I conduct my employers business.

(NB each of you may have a different view here, the question is asked to understand where each of you is coming from) You might also want to read:How to Effectively Conduct Joint Venture Agreements as a Real Estate Investorhow-do-i-properly-construct-a-purchase-with-a-partnershipcreate-an-llc-for-first-partnership-best-way-to-do-sotaking-on-partner-s-and-limiting-our-liabilitesquestions-for-capital-partners/real-estate-partnership-questions/questions-ask-investment-partners/

Built in 1952, the facility underwent extensive renovations over the last 3 years and has been maintained in accordance with both Florida and federal regulations.

Over the last few weeks I have noticed a number of out of state investors reaching out for assistance in conducting due diligence on properties that are either close to being under contract, or already in contract.

The particulars vary slightly in different municipalities, but the bottom line is you will need it to be fixed and/or certified by an electrician before they will turn it on.It's not extensive, but we have a little info about this on our website: https://texasfiredamage.repair/after-the-fireLet me know if there is any other help I can provide.

I work for a multifamily brokerage out of Houston and see a lot of offers. 30-day DD and 30-day close is standard. 1-2% earnest money and frequently at least part of the EM is hard (usually 10~25%). 30-day extensions for additional hard money is pretty typical.

You have up to 180 days, or end of the tax year (unless filing an extension) whichever is sooner to close on the identified property. 

However, I do like looking up prospective tenants on Facebook — many of their pages give you a good idea about how they conduct themselves.

Do I Start that LLC in WV, the state i'm purchasing the building in, or VA which I conduct most of my business?