I’d like to connect and maybe trade notes since we are in the same town and both navigating the 203k process for the first time.

This triggers a conversation where I explain my intentions are not to cause harm to anyone or take advantage of anyone in this business and that I am making this my career (then they calm down and relax). 2) As an agent working on creative deals, how do you navigate your relationship with your Employing Broker?

Your time here will be well spent.I added the below links on turnkey properties for your review.https://www.biggerpockets.com/renewsblog/2015/08/20/askbp-089-how-do-you-evaluate-a-turnkey-company/ (Turnkey Evaluaton)https://www.biggerpockets.com/renewsblog/2014/03/23/what-does-turn-key-real-estate-business-entail/ (Turnkey REI)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/rei/glossary/https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Once they smell blood they are sharks in the water. 

What this means is that the flipping "sharks" are digging ever deeper into cheaper priced properties with hopes of holding to them then selling them, with or without renovations, to witless "dumber money."

Reminds me of "shark tank" and talking about growing a business with equity injections...

That's ok.Basically what you're seeing is sharks circling the smell of blood in the water.

This is a basic "must do" task for a property manager.What I would suggest in your situation is to find another property manager who can help you navigate through this issue.

If I can't do this in a way that 61.34 defines as the relatively safe and navigable "distressed home transaction", then I'm not going there. 

The most important thing is to have systems in place to help circumvent or navigate those difficulties before they become serious problems.