RENOThis part I get, flooring, paint, landscaping, updating bathrooms, kitchens, etc.

I am currently on an extension from last year and am hoping to talk to someone who is knowledgeable specifically with filing taxes for real estate investors and can actually give some insight on how to set up for the future.I am also looking for a real estate attorney who can guide me on how to properly set up my companies, legalities etc.

Can I legally rent out an I law suite?

I only ask because you didn't mention it in your post...the lease you can put together on legal zoom or a lot of different online vendors in not a lot of time, but you need the application to get to needing the lease.Pretty sure I'm starting to ramble but, you mentioned that you felt like your mind was blank during your conversation - I like to let the call (unknown #) go to my voicemail that I record asking prospects to leave a message with their name and phone #, then call them back when I am in a position that I can put all my focus into that conversation.  

Plus I like the tangibility of something physical..I'm interested in learning how to structure deals (optimal legal entities, tax implications, risk mitigation), financing options, and have some familiarity with this on a high level (albeit in a corporate and and global context).

Where do I stand from a legal point now that the offer has been accepted.

Do not rely on it for legal advice.

The best part is pulling my entire down payment out of the deal within 12 months, so an inifite COC and IRR. 

The best part is communicating with tenant advocates.

The other party offered him $40K down and a rate of 4.2% for the first 5 years, and then 10% after that, fully amortizing after 30 years.