You can run different scenarios all day, but the only way to make it work is to either buy the house for less money or extend the note over a longer period of time.Or, you can sell the house on a wrap, which you proposed as your plan.

I have the ability to come down when needed and for extended periods.

Bad neighborhoods will cause a long time period to rent out to better class of people.

The only post-sale right of redemption periods that I know apply are the HOA and tax liens. 

@Dawn Brenengen on C class and lower I don't think anyone I know has EVER given a deposit back period...

Is there a set period wait/time , of which you have to wait before you can claim Rental income as " Actual " income , via your taxes ?

The landlord may enter the dwelling unit when necessary for the other purposes mentioned above under any of the following circumstances: with the consent of the tenant, in case of emergency, when the tenant unreasonably withholds consent, or if the tenant is absent from the premises for a period of time equal to one-half the time for periodic rental payments.

I will show over a period of several days.

Many of these tasks you mention are part of the cost of doing business, such as periodic painting and replacing flooring (see some of the discussions on products like Allure if you want to avoid carpet issues).I think you have gotten more than your nickel's worth on this paint job and flooring, and even the most frugal landlord would want to redo these at this time (turn over is the ideal time).

We have a HUD house under contract and are in a 10 day inspection period and called to have utilities turned on for the inspector.