With a property manager, you're going to have to flip a coin whether they are going to be problem tenants. 

I'd spend a little more money to attract a high quality tenant as I believe in the long run that initial investment will end up costing you less by NOT having to settle for someone who will tear up or destroy your property, evictions, etc.I'd definitely spend the coin if you plan on keeping it.  

It's like putting lipstick on a pig to coin a phrase.  

This somewhat mirrors the BRRRR strategy coined by @Brandon Turner and referenced regularly here on BP.Good luck finding the right strategy for you!

So I coined my own term “Pleasant Nightmare” after a started my first 2 flips.One in Sparta, NJ Bought it for $175kRehab budget $125kShould sell for $425kOne in Hillside, NJ Bought it for $95kRehab budget $35kShould sell for $220kI have 2 partners.

Any suggestions on the best value commercial coin operated washer and dryers?

True collateral lending, no credit requirement, tax returns, etc.I've been getting the first chunk from them and putting PM (secured by another property because they dont allow 2nds) to do the rest.Private lenders are great, but the ones that have the kinda coin to loan you $100k+ are few and far between. 

PM me for more details, or just show up so we can all make some coin together! 

HMLs coin the private lender phrase to avoid several lending issues as well as some marketing spin to describe the relationship.

I think it's great to hear both sides of the coin and like anything I think you need to look at the whole picture and your scenario and make your decision based in all of your facts.