I am in eastern PA and I am going through the same process after my first summer sailing. Years ago I kayaked and used a farmer john, wetsuit booties, and paddling jacket with various polypro shirts to get through colder months. I am hoping the same works for the Wave, though it is less physical.
So far I bought a Stohlquist Rapid John 3mm ($110) and I have a Gill basic spray top ($50 - closeout) and Neosport 3mm booties ($25 - sale) coming. I still have a variety of old polypro that looks awful but hopefully still insulates.
I am not sure if I will need neoprene gloves and beanie yet.
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My progression on Lake Michigan...
I am interested in what southern Lake Michigan will be like 2nd weekend of Oct. We are traveling up there and a friend is offering to take me out. Will my setup above be OK?