I exchange/collateralize my income property at current market value for cash to another company called ABCTerms..ABC owns title of the property.Under the operating agreement of ABC I will be asset manager owning 50% cash flow and tiered getting less cash flow year after year.

But if you are hiring a lot of small time operators, they probably don't have a policy.Regarding your flip, you want to double check with your current policy. 

You may even be able to get in touch with a larger lender that operates in your state.

Personally, I think it would work much better as a multi-family co-operative housing situation but that is a whole other yarn to knit. 

So for him and he had a big operation 6 to 10 projects going on at the same time..  

Generally, you cannot help taxes on rental properties by structuring.So you should evaluate it from two other angles:- asset protection which is an attorney's questions- operations, for which is overly complicatedAnd if you "don't have the best accountant" - maybe you should upgrade.

currently needing to upgrade a new property of mine and am stuck trying to figure out which would be my best option to go with: Combination CO2 & Smoke alarms that are 10yr sealed or just plain jane battery operated.

Can you review an Operating Agreement as it pertains to the tax implications and partners' capital accounts?

Also, your holding costs are essentially a reserve for operating expenses.  

It's hard operating without dedicated representation but it can be done.