I want and will be in compliance to the fullest extent of the law, but to be truthfully honest, I dont want to go any further for this particular renter than what I am legally supposed to do and I want to be ready if the late night plumbing call comes and I am on vacation.

Your situation depends on your involvement, your entity selection, and lots of other factors that preclude an informed opinion.3) You didn't ask, but I offer that you should not take or act on any legal, regulatory, or financial advice on a free forum and always seek a professional opinion or two.  

If you win the final bid, the legal firm handling the sale will start bugging you to close asap.

Question - Do I legally have to allow this pet? 

At the very least your insurance company could help with legal council if an issue were to arise.

Involves investing the profits into specially designated economic areas.

This is so important, I designed software based on my system to help me do this right.  

Macs are much more resilient to all the spyware / viruses out there, hence that’s why most viruses are designed to attack Windows (macs security is much stronger).

Wholesaling scares the heck out of me; is that a legal process that a licensed agent can engage in? 

Less legal costs and less headache.