This will be the third FHA I've had on flips this year and the first time I've heard anything like this.  

This journey has been VERY trying at times.My first commercial bank got bought out and would no longer loan to out of state investors.My second bank wanted 25% down, plus 6 months worth of reserves for the properties, plus 6 months worth of reserves for my other properties, plus 6 months worth of reserves for my primary residence (even though it was a commercial loan), plus 6 months worth of my credit card payments, plus the tax returns of the seller, plus the lease agreements with the current tenants.A third broker I was dealing with didn't understand for some reason I wanted it to be a commercial loan even though I repeatedly told him so.A fourth banker finally got it, was responsive, and reasonable.

Can powerwashing be performed well by another service person who im developing business relationship with and thereby increase their business.  

Your comparison has nothing to do with the topic at hand; a management company creates a resale certificate for a third party which, inherently, creates a liability.  

Or do you perform the work yourself? 

to perform or do: to execute a maneuver; to execute a gymnastic feat. 3.

Third, students will almost always mean more wear and tear.

@Joe RinellaMake sure you are offering based on how the property is performing now, not how it will or may perform after you raise rentsYou have a question mark after your interest rate.  

For example, it may be difficult to find a management company or a handy man to perform repairs.

i have two properties and im trying to purchase my third property.