Consider pion states composed of $q \bar q$ pairs where $q \in \left\{u,d \right\}$ transforms under an $SU(2)$ isospin flavour symmetry. These bound states transform in the tensor product $R_1 \otimes R_2$ of two representations $(R_1, R_2)$ of $SU(2)$. Take $R_2$ as the fundamental representation of isospin with generators $I^i = \sigma^i/2$ and $R_1$ is the conjugate fundamental with generators $-(\sigma^{i})^*/2$. If the third component of isospin is $$I_{\pm}^{R_1 \otimes R_2} = \frac{1}{2} \left( \sigma_1^{R_1 \otimes R_2} \pm i \sigma_2^{R_1 \otimes R_2}\right)$$ I can try and form a representation of this operator using the standard Pauli matrices. Take $|\pi^+ \rangle = |u\rangle |\bar d \rangle \equiv |u \rangle \otimes | \bar d \rangle \equiv |u \bar d \rangle$
Then $$I_{+}^{R_1 \otimes R_2} |u \bar d \rangle = \frac{1}{2} \left( \sigma_1^{R_1 \otimes R_2} \pm i \sigma_2^{R_1 \otimes R_2}\right)|u \bar d \rangle = \frac{1}{2}\left( \sigma_1^{R_1} |\bar d\rangle \otimes \text{Id} |u \rangle + \text{Id} |\bar d \rangle \otimes \sigma_1^{R_2} |u \rangle \pm i(1 \leftrightarrow 2)\right)$$
1)My first question is if I take $|u \rangle \rightarrow (1,0), |\bar d \rangle = (0,1)$ then I have a tensor product of the form $(2 \times 1) \otimes (2 \times 1)$ Is such a tensor product even defined?
Alternatively, I could just construct the representations for $I_{\pm}^{R_1 \otimes R_2}$ and I would end up with $4 \times 4$ matrices. But what would the $4 \times 1$ objects that these operators act on represent? Would a generic vector be something like $(u, d, \bar u, \bar d)$ so for example I would write $u = (1,0,0,0)$ and $\bar d = (0,0,0,1)$ for example?