LOL, I encountered almost every one of those points on my first restoration, except for #1 as the machine was up and running when I went to buy it.
I would also add to those points:
11. Do research on the machine you're buying, or you'll end up with a machine where the backglass and/or playfield need to be replaced, and neither one can EVER be found on the Internet in new condition.
12. Be prepared to correct design flaws with modifications.