I was pleasantly surprised that in one of my buildings that is 3 units in San Pedro, the small laundry room with one washer and one dryer brings in over $100 a month, and that is after my split (~50%) with the machine management company.

We then went to Lowe's and bought 6 gallons of bleach and shocked the well.

My house, I would probably say something along the lines of "I am so sorry that after X years we are asking you to leave, I know it comes as a shock but we are moving in a different direction with the property that requires us to give you notice. 

You’d be shocked by how little actual screening many PMC’s do!

I wasn’t getting notifications and came back to this post to see if anybody had even replied and was very pleasantly surprised.. thank you all very much for your time in replying to my post!!

I have no idea what that percentage is, but I'd be shocked if it was over 60%. 

You’d be shocked by how little actual screening many PMC’s do!

I know SD has the initial sticker shock compared to the majority of the U.S. 

There’s professionals out there that are experts with the 203k and make it a pleasant experience.

Shocked a mentor would lead you to believe no capex for years and 0% vacancy if you've run the numbers like you describe - unrealistic.