Never use wiring instructions sent electronically or from a phone number you are not familiar with and can't verify. 

1) I’d remove all items under $100 and the landscaping/vegetation items.

One thing the co-host will do is give you insight on what to do to get the property up to par for listings it like you said landscape etc. 

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

Start small with simple rehab projects like painting or landscaping to boost value without overextending.

This is typically parking, detention pond and landscaping.

Fences, basic landscaping, tree removal can put some nice padding into your margins as well. 

The numbers seem promising on paper, but I’m hoping to gather insights from locals or experienced investors who know the area well before moving forward.One thing that has caught my attention is the rental landscape.

ON my latest subdivision I built we have a 15 foot right of way for the major sewer line on one lot and we let the owners know that they may want to do just light landscaping or just bark dust it/ or out east I guess its pine straw. 

Similar issues happen with VRBO and Airbnb electronic payments:(