The tenant would pay all utility bills as well as maintain the yard.The house is in good condition and has no immediate issues, all the the appliances are roughly 6 years old. 

Our local power utility subsidizes the panels and installation and some people can sell power back to the utility during the day time.

Rent is in section 8 housing and rent comes in on the 1st every month  Rent: 700$House has passed all government paperwork to be section 8 compliant. yearly insurance is 345$would need to use property management company to manage the property. utilities are paid for by the tenant.Does this add up? 

Maybe for Miami 4.85% COC is common but for me, personally, is way to low. 

You could leave the fence or try to negotiate with the builder to split the cost with you, I wouldn't take the fence down if it is in the backyard unless this is common in your area.

@Quinton Lantier that is somewhat common for a wholesale deal. 

Hi,is it common to set up LLC for income property in CA to protect from lawsuit despite $800/yr tax?

While this is less common right now, some loans are assumable.

This got me thinking, if you could get the owner to finance 100% (or even 95%) of the purchase price at a rate and terms that would safely cash flow after all expenses (maintenance, vacancy, utilities, management, etc.).....would you overpay for a park?

We still had stuff there, we still were paying utilities, we still had our keys and were still paying rent!