My thoughts are that they would need to be rescreened based on the income of the two people as only two people would be moving in before they find a 3rd roommate and resign a new lease.I'm trying to figure out the best way to handle this situation as I'll be letting some people down no matter what I do.  

Because we are not super desperate for cash, and don't have to make a mortgage payment till April  we can handle the turn over.

You can handle repairs without a license, but the leasing and marketing activities require a license.

I will be present during the inspection to protect your belongings and to assure the doors are locked. 

Right now, I am just handling vacancies and non-paying tenants.  

How would you handle this?

Hire a collection company that works with HOAs to handle the entire case.

The more important issue is , are they going to represent you well , are they going to screen the prospective tenants well, handle any issues that arise etc.

There are loan servicers out there as well that can handle the payment collections and tax forms for both the seller and buyer as well so you can put this on auto pilot.

You also need to locate a good Title Company, to handle your closings.