Its just more paperwork during a renovation than one would typically do.  

Onsite manager wants to be paid monthly onto of not paying for lot rent (lives in his own 5th wheel) and utilities/cable.

Do you guys typically go to attorneys to have them draft up the lease?    

I realize I cannot simply buy a house and immediately start renting it out, yet I am very happy at the place I'm currently living ($600/month ALL utilities included).

FYI - The quotes do include wind (hurricane) coverage which is a necessity around here.Are these quotes typical?

From this data, you can utilize a website bestplaces.net that will give you a breakdown of the percentage of homes that sold, in various price ranges, for a given zip code.

I am just learning to utilize this site in hopes of what you just confirmed.

That typically is investors.

One more thing to keep in mind, typically wholesale/assignment deals are closed in 15 days on average which is another reason why financing is not even a consideration.  

There are guys making good money on dirt cheap properties in Cleveland (and I assume many other markets) but they're typically hands on locals with a deep understanding of their market and real estate as a whole.