Chances are that all of these issues can be fixed. The problem you are having is that it came "pre-configured" and when you installed LP, now you must do all the configurations yourself. I would start with the first one (receiver doesn't work now). What protocol does it use? PWM, PPM, SBus, something else?
Flipping is another common issue. If the motors are not spinning in the expected direction, if motors are not plugged in the correct place, if the FC is mounted with a rotation and not with the arrow pointing forward, it will do this. All of these can be fixed with a configuration change.
Imagine buying a computer, and then formatting the hard drive and installing the latest operating system. You have reinstalled the operating system, but still don't have the language set correctly. You still need to load wifi drivers just to connect to the internet, etc.