By the time I received it, I had about a day to perform initial due diligence and respond. 

My understanding is that most banks like to see two years of the asset performing as a rental before they see it as an asset and not merely as a (good) debt/liability?  

To successfully perform a flip the house flipping company needs to Spend time & money marketing to distressed sellers to source a deal with a large profit potentialEstimate the ARV of the dealEstimate the repair costs of the dealDetermine if there is enough profit in the deal to make sense for a flipNegotiate a sales price with the owner of the propertyHire the General ContractorManage the renovationEnsure the renovation is completed on time & on budgetMarket & sell the property for the estimated ARV to ensure they hit the estimated profit marginAfter successfully doing all of that why would they then hand over the majority of the profits to you?

Thirdly, maybe your "plan"(if there is one) doesn't fit your goals and for that reason you feel like you are hopelessly spinning your wheels.  

An attorney can file a specific performance suit for a few hundred bucks. 

That means I have been doing a good job of research before pulling the trigger on my purchase.1) No performing work on the property nor doing the PM.   

One of the other is an FHA as well, the third is conventional loan. 

I’m a simple man: i have a job that will transfer me based on performance, however I will find another place to be a 1099 easily... 

this is the third crane actually, in the last 3 years

A vacant single family teaches you processes: buying an investment property, assessing and performing whatever fixup needs to be done, marketing to get it rented, collecting applications, the legalities of your state's tenant/landlord laws.It's true that when it's vacant, it's 100% vacant, but as you learn how to be a landlord, it won't be vacant often and then it's 100% occupied.