It's a good practice to overestimate costs and underestimate after-repair values (ARV) to keep your expectations realistic.

This approach could keep things straightforward while accommodating their need for housing.

I don't think I'll have trouble keeping it rented.

If your manager is just 'keeping an eye' on things, collecting/reminding on a few rents here and there and some light cleanup while being compensated in free or reduced space rent then classifying them as 1099 subcontractor is great. 

Keep moving the goal posts back until the desired outcome is achieved. 

I like the detailed descriptions others have given, but I also keep it simple:A: I’d live there with my familyB: I’d live there if I had to with my family C: I’d live there if I was single D: Nope

It would lead to less conversions, just keep that in mind.

I haven't booked anyone from FF this past year, but I might keep one unit open to keep the conversation open.

Leverage can help you grow faster—consider DSCR loans or other investor-friendly financing to scale while keeping your workload manageable.

This helps keep me out of hot water with fairhousing.