Also know that volatility is always necessary, temporary and creates opportunity.

Check out FilePlace, where user-created forms are available for free.

Can anyone recommend software which would accept monthly payments (from me to seller) and create proper 1099 forms for tax purposes at year end? 

The fact that you think the tenant is a pain has nothing to do with how you maintain the property, you could be creating legal and maintenance problems for yourself by not taking action. 

So I started creating an on boarding system where I have recorded videos and documents and protocol of how to run business.

Create a bonus structure that gets those managers pumped to perform.

BP has a book on Partnerships written by Ashley Kehr and Tony Robinson.On the technical side I would suggest partnering on a single flip which can be done with a simple JV agreement before jumping into creating an entity and crafting very good operating agreements.

Your wife as conservator/guardian has an obligation to her mother and selling the property to herself creates a conflict of interest in that she stands to benefit as the buyer and is also making decisions for someone else as the seller.2.

This allows them to get more capital so they can make more loans without having to grow their asset base, while also maintaining their relationship with the customer through monthly payments.

I suspect build cost in CA are closer to 400 a foot than 200 like many other areas and of course far higher for the custom homes.