You DO want to pay off the old one once you are done rehabbing, because you DON'T want harm to come to your seller's good name and credit.

It's the only conference I attend yearly due to great substance. 

If the down payment ends up being a problem on a deal like this, there is no harm in asking them to split the two up that way you could do an owner occupied fha loan on one of the triplexes and only have to put 3.5% down.

A lot of people have gotten burned purchasing "training" that was all fluff and no substance. 

Criminal history may not contain drug offenses within 7 years except for one conviction for possession of a controlled substance.

I can understand code violations or things that would cause harm or injury to someone but cosmetic things are also on the list.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I guess there's no harm in that.

If you are misleading someone who has a short time frame to act and you are not able to perform on the contract you are acting unethically and could do major financial harm to someone who was counting on you. you are also asking for legal troubles.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.