They are very protective of their domain, and if you get one that is trained poorly, it will attack and do serious harm. 

In some states, working without a license may expose a wholesaler to penalties, fines, or even lawsuits from buyers or sellers who feel they were misrepresented or harmed during the transaction.I see, im a FL agent and I have a different cold calling business as well.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

So I say you should rent to these people because it seems to me he's trying to make a life for him and those children those children probably love him to death and they don't want to see anything bad happen to them it will be more harm to those children to have him gone and out of their lives then do see somebody stable and doing good.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

There's no real harm to keep tracking your hours, so it shouldn't matter too much anyway at this point.

Even though it was a serviceable rental property before with an exceptionally low risk of harming anyone, you would have destroyed the value of the property for yourself, the community, and those seeking a place to live. 

.:)The 25% is causing the most harm.

You should vet the company to ensure they have the resources to pay the rent.You ALWAYS do background checks on the people living in your property because if you let in an axe murderer and they harm someone, you are likely to get sued.Whether or not you charge an application fee is up to you.  

No harm no foul.