However, this strategy has been used successfully (without IRS challenge) by numerous property owners for nearly 20 years, including many public companies that have reported their transactions to the SEC, with the full acquiescence of their boards and outside auditors.

My top recommendation is always to plug into the podcast - it was a huge key to my success in those early phases.

Dealing with lead paint is one particular thing I have seen first time flipper totally miss and see them taking short cuts that eventually come back to bite them.

HOA board members have fiduciary duties.  

Then I set up Cozy to collect first months rent online and utilities must be transfer to their name before handing over the keys.  

I was thinking I should start by buying something turn key for my first, but wondered if anyone thought there was an advantage to buying a foreclosure.

Communication will be key here what lever you two come up with is ideal!

Consistency is Key!

I feel I have a lot to learn when it comes to key topics like finding properties, analyzing deals, and doing due diligence.Does anyone have ideas on how to add value to investors in exchange for learning the game from them, or even just shadowing them?

I think that's a "turn key" property?