The disadvantage of placing the chiller inline with the return is:
(1) There's some head loss so you'll lose flow.
(2) Flow required for your chiller to cool water effectively looks to be lower than the recommended return pump flow (5-10x tank volume/hr), so there's incompatibility there.
(3) Single point of failure, eg. if return pump fails, then it's equivalent to taking out your chiller as well. You have no back up pump/return from chiller.
The advantage of placing inline is that you'll just need 1 pump, so you can save some money on the cost of the additional pump and cost of electricity I guess. imo, disadvantages outweigh advantages, but your tank your call.
Skimmer should not be required during a cycle, though the gas exchange does help, so you can consider running it dry (no skimmate).
Lights is actually also not required, but if you want to turn it on that's fine as well for aesthetic reasons
I think it would be good if you bought a cheapish but fairly reliable test kit(eg. Salifert) to test your ammonia levels before deciding if you need to ghost feed or not. You may not be required to ghost feed too, depending on your stocking plan.
If you put in a hard-ish fish in first, imo you don't need to ghost feed once the cycle is complete. Just add the fish in and feed for real. Cycle is complete when ammonia is zero and you can detect nitrates. Should take anywhere from 2-6 weeks depending on your bottled bacteria (if you're using any). If no bottled bacteria I would say at least 4-8 weeks or more. Not sure if I was clear but please add the fish only when cycle is complete!