Typically just the cost of the title paperwork and administering the payments since there is no underwriting, processing or mortgage broker involved.

My plan would be to live in it for a year and then start renting it out. 

•I plan to put 20% down on this new property, which means I’ll be left with about $80,000 in cash after the purchase.Given this scenario, I’m trying to decide whether to pay cash for the second property or continue with the 20% down strategy .

I agree though... you either roll up your sleeves and make some sacrifices if you plan to DIY or you hire out the hard work and are happy to pay for the privilege. 

If you are going to engage an architect and do full plans and permits, then you will likely need to do some pretty serious analysis.

If you plan to invest somewhere else, who is the top agent for investments in the area that could point you to a good mentor, or offer mentorship themselves?

My military training has me always looking at the Intel (data) to drive my decision making process. 

I’m fairly certain it’s a typo that got replicated somewhere in the editing process (“find and replace” fail?) 

I've bought properties that had structural problems that revealed themselves after I bought (which I had to fix)--and having gone through that process, I can tell you that I would never knowingly buy a property with structural issues (except in rare circumstances outlined below).So, why am I willing to buy a property that's on the brink of condemnation, but I won't buy a property with significant structural issues?

. - Priority processing and underwriting.