In all cases, 1) your rent amount will not be absorbed or waived only deferred, if approved; 2) a filing will still occur for balances due and collections will still be notified. 

I am in the middle of reading their books and just trying to absorb as much information as I can.  

Currently, absorbing what I can.

I got introduced to BP about a year ago and have since then absolutely absorbed information everyday.

I don't think I should absorb the cost of the checks, I will be doing more work with no upgrade in commission and I am fine with that as I do think that would be a better system, but I feel that should be at the expense of the owner.

Typically house-hacking is considered living in one of your units that is part of a multifamily or a roommate situation and letting others rent absorb your living expenses.  

Silly us for giving tenants the option to make ends meet by allowing them to pay with a credit card and absorbing the processing fees.  

There's a lot here for your to absorb in the meantime though. 

And it makes me slave to the government.I maintain a healthy savings and can easily absorb up the loss without impacting my business or personal lifestyle.

Many of our clients own multiple properties which allow them to absorb a small percentage when missing a rent payment.