Decided that we would attempt to resale on MLS since we had our crews on other projects.

Are they attempting to use the father as an undercover co-signer and should I decline the application?

All of the regulation in place is an attempt to check rising rents, which should tell you how the market has been faring. 

In an attempt to do a good deed, we allowed our son's girlfriend's father to live in our rental home for 6 months rent free, with rent starting in month 7th (rent is only $300/mo). 

Always follow through on the paperwork but also attempt to find alternate solutions.

I haven't been bidding quite that much, but I've had a few failed attempts over the last few weeks as well.

Hi Justin,My husband and I just attempted our first BRRRR in the Bozeman area.

We were focused on BRRRR strategy attempting to buy SFR for cash--our target price was $150K or less/rehab up to $50K/all in at 75% ARV/$200 per month cashflow/min 15% CoCROI. 

Does everyone think I should attempt to buy the first SFH as the second is not guaranteed and see what happens down the road assuming the SFH shows well when I see it and etc. and play the second one by ear?

As others have mentioned, I recommend serving notice when the resident is late the next time...and also attempting cash for keys (which likely won't work because he won't have many places to go and he's got it made for the near future).