Once application is finished you can run credit, background and eviction report for $15 your cost, or charge tenant I think it's $35.

This will make it a lot easier to manage, will cost you less than buying on the market and typically you can get 1:1 rent returns.

That's not the same as paying cash.According to a different post, your credit card debt costs you $600/month.

You are only adding complications and costs with the LLC with no upside  This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance. 

At this point since it's after the fact while not totally correct; you may explore adding the missed asset/basis amount as a selling cost to just reduce your gain. 

Turbotax isn't going to educate you so unless you'd like to educate yourself and potentially make some costly pitfalls, then I'd outsource.

Doing a job twice costs 3x as much as doing it well the first time.

Attorney’s Fees; Collection Related Costs; Jury Waiver.

.- Expected renovation costs $1MM.

There are ways to mitigate the costs and protect yourself to the extent possible.