Inspection Reports-A perspective

I often work with buyers who dont know how to work with an inspection report. 
"Should I walk away form this house? Should I ask the sellers to fix everything? Should I fix everything? What has to be done now and what can wait for later? This is so bad. This house is a money pit."
Well, when you go from being a comfortable, not responsible-for-anything-tenant to a HOMEOWNER, responsibility of making decisions comes with it. Pride of Ownership, it's called. 
I came upon this writing on the topic which nailed in my opinion. I thought it can be beneficial. 
Almost all inspection reports will identify some defects in a structure or property. Very few show so many defects that the property could qualify for the home featured in the movie "The Money Pit." Most reports reflect conditions less dramatic. Simply because there are defects noted in an inspection report, it does not mean that the property should not be considered for purchase. To help keep the inspection report in context, it may be best to share the response of world famous architect, Pietro Beluchi. When asked by a woman what she could do about her slightly uneven floors, he replied, "It is okay for a 90-year-old house to have a few wrinkles." The point of Beluchi’s comment is that properties are not perfect. The buyer and the buyer’s agent should review the report and try to understand the report in terms of how the items identified relate to • the price offered for the property; • which items must immediately be corrected and which can be done in the future; and • the impact of the identified problem on the overall transaction. The abilities, cash, financial position, and objectives of the buyer must be taken into consideration when evaluating the inspection report. For example, if the house has foundation problems that would require $10,000 to correct, and if the buyer is not in a cash position to make corrections after closing, then it would be foolish for the buyer to purchase the property. However, if the buyer were purchasing the house to rehabilitate it and is also in a cash position to make the repairs, then the purchase of the property would make sense.