However, one of them said they won't move in for 5 months but will sign the lease now, even though they're still renting another place during that time. 

My first thought was an extensive TI package that was effectively financed into the rent.   

My owners have my personal cell and can contact me about anything at any time.

While it’s relatively simple and can help you find deals, it’s also time-consuming.

But it has happened so many times to folks I've met over the years that I raise it as a possibility. 

You can switch your insurer at just about any time and they should refund any prepaid insurance back to you. 

Can I qualify as a First Time Home Buyer and utilize FHA or similar programs?

., we lend our own money) we always bet on the borrower first.

Chris,For the large multi family investments, I want to see the deal pack first so I can screen for location, project class, projected cash on cash and IRR, and proposed value add method. 

Choosing the right tenant is crucial, so take your time with the vetting process.