And would starting a single member LLC change anything with how the rental income is reported?

The property was acquired through a hard money loan that is expiring soon and I still have not been able to rent a single unit.

It’s zoned RSA-5 as a residential single family with permit use as a single family.

If you aren't able to commit the time to it, then you'll either need to hire a PM (which will eat away at cash flow) or devout time to make it stand outI don't know but all real estate strategy from owning single family locally/OOS to Airbnb to LP syndication, there is nothing passive about it.

I'm sure our situations are different, but to give you an idea,  my CPA charged me $405.00 to do my federal and state taxes.  

This increases the property's value and can allow you to charge higher rent, improving your cash flow and the property's appraisal value for refinancing.Rent: Lease out the newly acquired and rehabbed properties, preferably to reliable tenants similar to the family you currently have in your townhouse.

Will the inspector or the courts eventually come after me and press criminal charges?

seems pretty standardno fee for renewals is nice, one of my PMs charges me a small fee for renewalsdo they have good reviews?

. ($500-$620k SFR) Your builder must have plenty of buyers lined up to charge that much. 

But the car is dependent on if you are family of six or are you a single person.