I assume you are not a Realtor working under a broker (if you were, your broker may require you to use the CAR forms). 

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Property management is not a joint exercise between you and them.

- All the recent renovations point to a flipper.2) If a flipper, how well do you think they actually screened the tenant?

I signed a year lease with the tenant already and the management suggested that i extend the lease to a two year.

i've done a few flips, a few BRRRRs and a few seller finance deals.time horizon and expectations are important right now.  

Sounds like a great idea!

The IRS is taking a more conservative approach and you want to ensure you have all your ducks in a row + a team behind you to back you up if something comes into question.

I started my MTR journey with a multifamily property as a LTR and slowly converted it one unit at a time and was really happy with that approach.

i think your best bet is to try to build a network within the investing world so you're positioned as a hub, someone who knows a lot of people, and see a lot of transactions.