I would get the new tenant to apply and process it per your criteria.  

This was my first property, and while it's been a great learning experience, I made several mistakes along the way—ranging from choosing a realtor who was more focused on closing the deal than finding the right house to having a poor inspection and overlooking issues hidden beneath the surface (literally).

People who get evicted could care less about a judgement or the collection process. 

If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.  

There’s normally action items that can be implemented into your management process that are more effective. 

Any other advice on the process and flipping would be greatly appreciated! 

If you want to scale then you’ll need systems and processes so that you don’t feel so overwhelmed.

We are submerged in the process of learning all the we can; reading the books, listening to podcasts, watching the webinars, etc. and want to know more so we can get started with as much information as possible.

It doesn't make sense for everyone, but is not on a lot of people's radars and is often overlooked. 

Right now I am already in the process of:-posting the portfolio for sale here in the BP forums.