I'm definetly not saying ALL wholesalers but a few I've dealt with recently certainly fit that description.

The most important thing sometimes is to cut your losses, learn your lessons and move on.Just from your description, you did not perform adequate independent due diligence on the purchase and relied on the agent. 

Check your state/local laws regarding prepayment penalties, though.here's a quick link to one banks 203k products with descriptions of what they cover

How much should we be expecting to pay for a full time property manager (based on the description above)?

And if this is the case, can the property management company show you that these personnel are legitimate property management company W2 employees working within the scope of their workers comp insurance job descriptions

I don't remember the exact wording but I know I used the account numbers, property descriptions, and reasons for wanting the properties placed in the LLC. 

In your description you said that you will be doing both, which doesn't make sense. 2.

Does that mean you change it in the description depending on your calendar every so often?

The FICO® score treats all of these descriptions that appear on credit reports as serious delinquencies, so they have an impact on the score similar to the impact from a charge off, tax lien or account included in bankruptcy.

If your not sure of what your doing, the software shows pictures and full descriptions of the materials and repair operations.