They're a credible operator.

Depending on the loan product, you may be able to exclude business debt once the business has paid the debt directly for 12 months.The income and losses related to the operation of the entity will affect the income side of your DTI (like Jay explained) if you own 25% or more of the entity.

Not an expert here but my Brother is a heavy equipment operator in Northern CA and did a lot of the fire clean up when those fires happened and he mentioned contractor might need hazard waste removal license..

(One virtual and one local).   

What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric.

Savings: Hold the deposit here so it's separate from operating funds.

My wife and I owned, operated and sold five RV Parks; three to individual buyers and two to Blue Metric.

Paul and I operate 10 doors in North Iowa.

In New Jersey, there are numerous brokerages to chose from, and I highly suggest you do a google search and look into 100% virtual real estate brokerages in New Jersey. 

It is clear from the interview that their main skill set is raising money and they partner with other "Co-GPs" who focus on the operations.