That's Bragg Hill normally..

You mentioned that there's some kind of hassle with owner financing, so what does that normally entail, and why would a seller want to do this is if there is extra effort that goes into it?

I don’t want to be broke forever and do not want to work my normal job forever.

So everything you’ve quoted it a little high to me but it might be normal for your market.

If the Flip involves renovation then the coverage is normally Builders Risk and Liability or a Vacant Dwelling with renovation.

If a key is so old (cheap) that it breaks in the lock with normal use, that's considered wear and tear.

Is that normal?  

Contract for deeds are normal in MN.2.

It normally has to be docketed on the court calendar with either a 30 day advance or 45 day advance depending on local rules.

Paying a normal conventional mortgage along with giving them profit is significantly lowering your margins for you to make enough on cash flow especially after considering initial repairs and cap ex.