But I'm talking about a comprehensive list of the tasks before and after closing.If it has been shared before, please let me know and I will do a more rigorous search. 

I'm talking about true flipping: buy 70%, rehab, resell.

As for the Capital Gains exclusion, talk to a CPA to fully understand how that works...

You could also use the current home to pull out a HELOC for the DP of the next FHA home.Make sure you are talking to an experienced Banker or Loan officer who has handled multiple "Gift of Equity" type transactions to avoid drawn out process or issues in underwriting. 

The other CPAs that I talked to, I don't know whether they know enough about REI.

If you're dead-set on OOS REI, then I'd suggest studying up on the books, articles, forum posts, videos, etc. on the subject, and talking with as many OOS investors as possible (ESPECIALLY inexperienced investors who tried OOS REI for one of their first deals).

But most are over 9% due to current market conditions.This is assuming you're talking DSCR.

If nothing else I take responsibility for that and will work to improve our communication systems between our franchisees, client success and sales team that's valid.As I have done before I'm a big fan of transparency and this forum, and will happily talk to anyone that has concerns about how we do business.

Quote from @Justin Brickman: I believe you both have to live in the home for 2 of the last 5 years in order to qualify for the nontaxable $500K  That is correct, google "section 121 exclusion" or talk with your accountant for more info! 

My recomendation to you is to talk to a few reputable property management companies first, check the zip codes/ areas they work and then start your research from there.