The founder appears to have been involved in businesses outside of real estate: ‘My dream is a locally made grooming products business’ | People | nashvillepost.comSo it does not appear there is a lot of track record there, but those are questions I would ask.

But make sure you make a file labeled "why I intended to hold this and what changed".

It depends what basis you are filing under.

When that tenant becomes an issue (and if they're not paying rent, they will become an issue) he can then simply tell the tenant that he's going to file eviction papers if they don't move voluntarily.  

Quote from @Theresa Harris: Tell the tenant to phone the police and file a noise complaint. 

After removing the expenses involved with turnovers, she is getting back a 1/4 of what she lost in that cancellation. 

@Sean O'Keefe, Can I get a copy of the file? 

One option I have is to demo and rebuild the house using insurance money but it will take about a year and lot of involvement.

Without my wife's direct involvement, I think some of our homes would have struggled to stay afloat.   

Yes, I have been involved with several "mold" properties that still had high mold levels after remediation.