West Ridge Property Management - They offer more a la carte options if you only need help with specific things.Questions to Ask Your Property Manager - A list of questions that can be used to vet your property manager.

He has made it clear he will not owner finance. are there other options for to minimize capital gains tax and in order to make this deal more beneficial to all?

Or do you recommend other options to explore? 

I know this is dinner time, they have a food truck there with pretty decent options. 

Any other options for building cash flow positive home or should i stick to traditional way and finding long term tenants? 

High income earners may be subject to an additional 3.8% tax called the net investment income tax on both short-and-long term capital gains.So, yes, if your only objective to avoid capital gain and pocket the profit (not to do 1031 exchange or QOZfund), then stretching it to 2 years is your best option.

As he noted, if you call some of the mainstream custodians they will say they allow for self-direction but they mean that in the literal sense of doing what you want with the securities and investment options on their platforms, which are traditional investments like stocks, bonds, ETFs, etc.  

Like much of what @Caroline Gerardo and @Andrew Postell said, your options are going to be dictated by loan terms (how title is held and by whom).So find a local lender in the market where you intend to buy and be open with the lender.  

If they want to move forward, we first advise them that if they are approved, we will need the deposit in certified check or money order only within two business days; and pro-rated rent prior to turning over keys by similar method (Once they move in, we have other payment options available).

I was the only one denied a variance that meeting at which time my son said, and I quote that manager has it out for you dad during the meeting when my variance was brought up someone in the highway department stated they do not pay for a porch addition , which I was applying for also stated that the house would now be an egress because of the road expansion as the house sits.