Regarding Jonathan's point, it's crucial to evaluate the cost of these additions and calculate how long it will take to recover that investment.I'm a bit unclear about your living arrangements.

I think the stats way back to 40's have the majority of the paint manufactures using lead as an additive. 

Understand your financial capacity to invest in a property and estimate your monthly expenses accurately.Kansas City is rapidly growing- lots of employment opportunities and housing demand.

Additionally, you will now have 3 houses (your primary and 2 rentals) that are appreciating, which is where real wealth comes from, not from the cash flow.

Additionally, If anyone would be willing to have a conversation about what they look for in CPA's and what they learned financially starting in the rental investing business I would greatly appreciate it! 

I want to implement some additional verbiage in our rental agreement so this doesn't happen again and things are crystal clear to us/tenants who do end up being "month to month".

Not only will this add no additional protection, it will merely add operational costs.

So, providing accurate and detailed information in your real estate listing is essential.To provide accurate and detailed information, follow these tips:Include information on the property’s size, location, and amenitiesMention any recent renovations or upgrades to convey the value addition that has gone into the propertyProvide information on the surrounding area, such as schools, parks, and shoppingBe honest and transparent about any issues or repairs that need to be made – nothing turns off a buyer faster than the feeling that they may have been lied toRemember, providing accurate and detailed information can help build trust with potential buyers and increase the chances of a successful sale.

So my question is, are there any creative ways to make this work for everyone so they can generate their cash flow free and clear while I am able to have a better cash on cash return and have additional capital to deploy later?

In that case, the best option remain is likely to wait for appreciate to raise the property and rent in the future to provide more cash out refinance options or simply find other ways to come up with additional down payments.