Now we could just pad that into the Pm fee, and then we'd raise the PM fee to encapsulate that expense.

I would raise the rent. 

Moving into a flip is going to slow down the process and thus raise carrying costs.

Maybe also consider if they are "good people" that work in the community and just want a safe place to raise their family. 

As well as 3 credit cards which so far have not cooperated and synced with Quickbooks which takes some extra time each month.

Last year January MN enacted the biggest # of changes all were added details and raised the bar of requirement for Landlords, including some specifically detailing how a listing must be detailed.

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. 

If you get dealt that character card, your primary challenge is that you need to replace a lot of income to get out of the rat race.

This destroys the credit of the original owner who can then sue the subto buyer.Another issue is if the subto seller claims they were taken advantage of by the subto buyer at a vulnerable time (pre-foreclosure) and an attorney or regulator raises the question of equity skimming.

Exactly 1 year later my first tenant moved his family in where his kids and dog can play in the massive yard while raising 2 cows in the barn.