It was advertised but we were very selective of who we let rent it the first year.

I recommend you read some books about how to manage properties well, use a strong contract, know that contract inside/out, know your state law inside/out, build policies and procedures to catch and stop problems quickly, know how to screen and select good applicants, etc.An ounce of prevention is worth a pound of cure.

I just know from what she tells me its a lot of moving parts in regards to funds, property selection, immigration process, and the development of  the project.

IRS and industry compliance: Select a firm with a strong track record of delivering IRS-compliant studies.

I’m comfortable with my tenant selection but want to do this both for due diligence and for practice.5.

You want to be able to select who rents your house and how do you know the person they sublet to will pay the rent and take care of the place?

Selecting the right lender, this can get done in about 6-8 weeks, if not earlier. 

My suggestion would be to select someone with the most forum posts or most reviews.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

@Caroline PowellAnother thing .... make certain your selected contractor is very well versed on 203k's.