Generally, 12 months on the market would be a red flag for me.

If you want to see the WI form just google WB24 Option to Purchase Wisconsin, you will find pdfs. 

Looked online but only found generic samples that I could work off of if needed but if anybody has a really good one they'd be willing to share for me to work off of and customize for our LLC it would be greatly appreciated.

I'm only asking because there may be something I'm overlooking that could be a lesson for me in the future.

I see both of these as less involved forms of investment although remote REI will require managing the manager.

For me, it improves the houses value, gives me peace of mind, and offers protection in any lawsuits.If you are interested in installing cameras for your property around the New York area please let me know.  

(Did you possibly mean form 8949?)

For me, it improves the houses value, gives me peace of mind, and offers protection in any lawsuits.If you are interested in installing cameras for your property around the New York area please let me know.

I am estimating the rent,  the range for the area $1200-$1675  but very few SFH for rent for me to make a good comparison. $1450 is what rent needs for $132 cash flow. 

Traditional mortgages are off the table for me, and seller financing doesn't seem to make sense, because then how would you do the 1031 exchange?