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If I can't be there during the day, should I hire a GC, meet subs myself or hire project manager to oversee subs?

If you're going to have multiple members, and need a very clear operating agreement and exit strategy, you should hire one (and we'd be happy to help). 

The tenant is provided the Home Warranty company 800 phone number at the lease signing.If I run the financial on this, It would cost $400 per SFH times 60 homes = $24K per year vs hiring a contractor for $600 - $800 a week on average. $700 times 52 weeks = $36,400.What are pros and cons?

I also have the ability and tools to do most work myself, although time constraints will dictate that I hire contractors.

Problem is, you have no legal right to enter the property until until after the full amount of the bid is paid, and this risk of 'potential unknowns' makes getting even hard money virtually impossible, no matter how good the deal is.I always allow for an absolute maximum cost total rehab in my figures on any property I bid on (and always check the property externally), and there's still plenty of 'meat on the bone'.

Two pieces of advice, don't try to do it yourself (it is far to important and messing it up can't be undone) and hire a professional.

Mostly peeling paint issues and obviously anything that has to do with making the home not in a livable condition. you can hire a HUD inspector/consultant to come out and inspect the property for you and tell you everything.

CPAs are service providers you hire and pay them as you use their services. 

Hire a lawyer and evict them.