Alternatively, you transfer the $1,000 rent to mgt company which records it as revenue, just like you would.

These are great and very helpful.My background is in data analytics, and though not super handy, I obviously could do any manual leg work necessary. 

What does the data show about the chances of ending up with the property itself in a tax sale in Connecticut?

They then informed me that I could either move forward with the management services, with a nominal discount of $110 for the error, or revert to the Lease Only Option and have the lease transferred to me without any security deposit, as none was collected by the property manager.This mistake has left me in a difficult position.

The second phase will introduce modest restrictions, with continued data analysis to inform further regulatory measures.

Or the buyer could just miss a notice that the loan has been transferred to a new loan servicing company (as they do, loan servicing companies are terrible IME), and miss some payments by accident, again negatively affecting your credit.

It makes transfers(if required) much easier.

I've looked at the AirDNA data and Rentometer but there isn't much data in my area for that size of a home, new construction that people are renting in the luxury space as it's nearly a $2M spec.

These services are transferring live owners who have agreed to a certain % of the zestimate. 

If so, you must report the sale on Form 8949 even if you have no taxablegain to report". 8949 reflects the depreciation which transfers to Schedule D.In this situation, I do not believe there is a need for Form 4797.