It will contribute to the importance of insurance (and contracts).I leased a Panama City, Florida, bay front fixer from a man that lived/worked out of the country.

Blown out of proportion or a real concern?

I am looking at single family homes that I can get for around 80K, rehab and then rent out.

Most commonly in this area it would be for boats/campers.Specific insurance?

You can easily check the competition and get that info.

Tenant was using this as an illegal massage parlor. 

I'd recommend reaching out to a tax attorney or accountant to see if they can provide you some insight.

Hey any of my Milwaukee investors in state or out state employing the delayed financing strategy?   

In short I want to know ways that you have made deals like this work and/or any creative solutions for keeping a tenant in place. 

A few tips to build it faster:1) Attend local real estate meetups and networking events—Houston has an active investor community, and BiggerPockets is a great place to connect with others before meeting them in person.2) Join Facebook groups and other online forums for Houston real estate investors.