This will straddle two tax years and that's another situation that will work to your advantage reporting wise and is a phrase that tax courts have used in the past to describe a valid exchange.  

SUSPICIOUS ACTIVITY REPORTS Suspicious Activity Report, known as a SAR or in common parlance, “Something Ain’t Right” requires a special form at the present time.

What about ongoing reports that have to be provided?

Unlike other companies, nTrustent is free to bidders and wholesalers to register, and the company offers lots of free reports on the properties it lists such as certified home inspection, property appraisals, tax and insurance information - in short, many of the due diligence data that investors normally pay out of pocket.

If you have been reporting as income property and not as your own residence, you get a certain amount of time to reinvest the money in a different property without taking the tax hit, so just reinvest it if you can.

First tie down the property then give them a report of the major repair works. 

This company does the due diligence so the investor does not have to pay for reports out of pocket.

And perhaps a brief tutorial on how to analyze, or understand the generated report.

I have their reports and its in high 500's/low 600's.

The get their info from info reported to credit bureaus.