Some lenders will fund 100% of the deal + renovations if you are experienced.Wholesaling is possible but be mindful that it is a business, you don't make any money until you can persuade someone to sell their house and then to find a buyer.I personally think its easier to be an agent, still a business but there should be people teaching you and you have more of a reputation when talking to sellers.

I would also be more comfortable with a set rate of return if the investment is made to someone who deploys lienholder loans rather than fixed returns on equity.

I frequently hear that someone purchased a new property because their real estate agent told them they could get X amount for rent, when in fact, the market comps don't support that amount.

At this point I'd be more likely to hire someone as a consultant, if that sort of arrangement is a thing. 

I went through someone else last year which has all of my previous rental property information on it and nothing has changed except now I have a child.

Talk about mistreating someone and trying to back them into a corner, I had no information.

Internet capabilities are low, and no one wants to live there.

Although that would be looked down upon by a lender as well because of the inherent risk of lending to someone who has too much on their plate. 

If someone injures themselves and sues, they will sue the LLC, not you personally.

As someone else mentioned, insurance here is generally less costly than in Florida and other beach markets.