For people newer to the rehab process I always suggest getting written bids from the contractors you are going to use for each step in the process.

We're in the process performing a full renovation on a two-story home built in 1926 located in Fort Worth, Texas, with the intention of flipping it.

That's because you are operating on luck instead of solid processes.

I have complete confidence in their ability to pay their share of rent but my concern is with the City's portion as I have heard first-hand accounts and bad cases where the City has delayed payments, delayed processing of renewal for voucher holder (and thus payments) and lack of communication.Are there folks here who have had a good experience with CityFHEPS and the City's ability to pay on time? 

And, we would be the highest rated and safest extended stay property in the area (but none of that mattered). is there an appeal process for you ? 

To evaluate properties, negotiate agreements, and successfully navigate the purchasing process, make use of the invaluable tools, market data, and insights that your licensed real estate agent has access to.

If you're only keeping the PM for a short time, I would only ask what the process is for terminating management and determine if you will have to pay any penalties.I would also consider keeping the PM.

The process in Texas is very straightforward and quick but as in all situations in life you don't know what you don't know. 

Let's also say that the property is occupied by a tenant who will be vacating in 30 days and I'm willing to leave it vacant for up to 120 days as needed to complete the assumption process.

I decided to offer this service to others since a lot of the systems and processes are built out already.