If you approve the rent they offer they will move forward with the process.

What's your process like?

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 ? 

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.

Lots of agents have muddied very fair processes, and don't get me started in North Carolina where I'm confident things will get investigated with agents just asking each buyer to increase their DD(non-refundable) one after another.

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? 

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.

In the REIT what input are you giving to manage the debt, manage the tenants, manage the acquisition process?