Also are you planning to hold the lot?

If you’re planning investing in the St Pete area, I recommend connecting with Josh Green.

I’ll take care of buyer commission.  

Not that that is a bad thing as some are on lower comp plans but they are at the mercy of all having "overlays" and have to sell their loans.

Just plan on paying the agent's fee if you are successful.

Are you planning to rent the entire unit at the 2nd year mark? 

It was a plan we came up with ourselves (no Internet back then) and it worked for us.

There are a couple of things that come to mind, if a payment is missed the lender cares, if the servicer goes out of business or misses a substitution of trustee, the lender cares, if the borrower goes to the lender to try to get removed from the loan (usually to buy another house) the lender cares, if the property gets caught up in a bankruptcy or divorce, the court cares and that means the lender gets involved.

If you’re not occupying the property and plan to either sell it or keep it as a rental, you might want to consider a bridge loan through a hard money lender.

The precise property forecast can vary depending on a lot of factors but the general demand is really what you should use the tool for to make your plans.