For contrast to your plan, we have several private money partners lined up for buy and hold rentals and are now actively looking for properties that fit our criteria.

I’ll check out Kenneth and see if he’s a good fit for my family’s needs. 

It involves your QI taking title to the new property until the improvements are done since you can't exchange into improvements on property you own. 

I went through a divorce I don't need to be involved in my tenants!

What do you think is fair compensation to hold the contract open for another 4-6 weeks, given what it will cost you and the risk involved?

However, partnerships, S-corps, and C corps require an additional tax filing, plus there are wage considerations that go along with the S-corp and C-corp designation, all of which you might not feel is worth the effort of managing.My advice is to schedule time with a tax pro who (a) has expertise in business returns (not all of them do), and (b) does tax planning (not all of them do) and have them help you map out some scenarios to decide what structure will best fit your goals and strategy.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Legal costs and the time involved make chasing these folks unprofitable.

If I renew with the current tenants, I'm saving the property owner the cost of turn over and placing a new tenantThere are many different fee structures that PM companies use, definitely look at all the areas you're being charged to determine if they are a good long term fit for you.

I have asked around to a few construction companies but I feel like the information I am getting is very general and the renovations they want to do are a lot more involved than what I need.