@Latavia Banks tenant screening would be the same as in a regular lease. 1st step would be having your prospect filling out the application ( with as much as possible).

You do not indicate how much over half rent they want to charge but you wound be having 2 BRs of 4 BRs with the other 2 empty a majority of the time.  

I understand you and others have convinced yourself that all wholesalers operate in a totally shady way, but none of that is based on fact, and that's not how honest, ethical wholesalers behave.

@Katie Pratt will be having a meetup soon in Oakland.

At some point, you do have to expect real estate to behave historically.

It's correct we aren't currently on the College State MLS, but definitely are willing to join if you are going to be having active listings/business there.  

Google do it yourself pest control and learn how these critters behave. 

If you are going to attempt to take vacations that you are out of contact my suggestion would be have a good working relationship with some great local contractors. 

Also, if you have "half" of the costs, you should not be having any issues finding a bank to do the construction loan. 

If it is, the estate/trust may well be having difficulty vacating the occupied unit.