You'd want to work with the REIT sponsor and your CPA to understand the expected timeline for this a bit more.  

Coming in and making an offer after nothing for months on. a dying listing is also worth considering. 

To resolve parking, is there anyway to maintain the driveway for a couple off-street parking spots, even though the garage is gone?  

Holding this for 1 month (hoping that's enough to refi) that's $5k.So my aim is to save money overall by making a cash offer and close it soon.

I've handed off my LTR to a separate PM and they want to be named on a general public insurance policy for the unit, but truth be told, I feel like I need a solid umbrella policy to cover the MTR and any claims against myself and husband as the owners of the property.

I’m inclined to hire a property management company, but still considering all options.Problem is - the property is UNIQUE.

Quote from @Brittany Kelly: Quickest way to put single family home rental into LLC.

Benton St property due to its desirable location and the opportunity to significantly increase value with strategic renovations.

I can't speak to the condo conversion process in your municipality this is something to weigh as well.

So far, my experience from interviewing several companies in that town is that most of them completely refuse to manage furnished rental.