Do you think a fix and flip is a good strategy to get me in the game or are there better options for my situation?

What options do I have?

An Option to purchase.

If you do plan to go for the bonus depreciation then make sure you’re committed to the property for at least 5 years.There are still lenders doing 10% down second home loans as well as 15% investment - I just talked with one last week that served most of the country. 

Hello,I listened to a podcast from BP where they talked all about subject to financing and have come across a deal where this would be an option.

DSCR loans are a great option for 30-year fixed rate! 

I would welcome any feedback on viable 1031 options as well as alternative options that will yield the same or higher long-term returns.

For this situation you would have handled differently your option but the reality is you can be held accountable as a guest even if you are ignorant, nothing to do with law.  

Give the tenants the option of moving out before it goes to eviction. 

I've looked into wholesaling, which is an option, but I have basically no connections with buyers and I'd be nervous to start with no connections.