We don't have any properties under management with them yet, but they have come with us on multiple occasions to evaluate potential investments.

Every now and then there may be occasions to grab something not too pricey and flip it.

He will walk the properties with me on limited occasions, but he isn't that helpful as he throws out rough generalities as opposed to "it will take x to do this" kind of thing.

On occasion I see ones that need pretty decent rehabs pop up and am intrigued. 

I believe it is legal due to I see no where to restrict you not to sell within 3 months after closing.See my post above...I've done this on a couple occasions.

On occasion, you do still have tenants trash a place even in the C+, B- markets.

Most of my customers and prospects are between the Madison and Milwaukee, WI surrounding areas (southeastern Wisconsin, 4-5 hours drive from current primary residence) in addition to the Illinois office I frequent on occasion.

Just my experience from having pennymac on my own properties and working with rocket on several occasions. 

On several occasions when section 8 does their inspections they've required me to fix several things the resident broke and if I didn't fix those items then they wouldn't pay me. 

I've demolished, renovated, and worked my tail off on many occasions.