Will the capital gains be counted as long term (since the original property was held in excess of 12 years) or short term (since the acquired property has been held less than a year)?  

You may find better luck/options with local banks/CUs or even private money in the subject property's market area, but with nationwide institutional lenders, you will find that most (if not all) have no appetite for them.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

It does cover the cost of cleaning for a typical 3-month lease, but guests who renew their leases and stay longer often have excessively time consuming turnovers.

But also to most $700/mo in a car note is acceptable, as is $300/mo in credit card interest fees, and withdrawing from savings to cover excess spending and student loan notes due.

It's a balance between getting a project done, an appetite for fighting city inspectors, and pragmatic investments.

I want to streamline the process where the team runs itself so I can focus on using the excess funds to diversify into other businesses like large-scale development for new builds.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

However, as you know from Rich Dad Poor Dad (everyone has read that, I'm sure), to be successful you need the Three E's - Education, Experience, and Excess Capital.

In my experience wholesaling has a failure rate in excess of 90%.