I need advice on an opportunity out of my scope, but the numbers warrant a look. 

PCE came in this week pretty much as expected, which is to say inflation isn’t cooling off fast enough to warrant cuts.

Squatters usually end up with trespassing and various other charges (criminal mischief, burglary, theft, usually drug and weapons possession charges or they have outstanding warrants for other stuff/ are on probation).

The only way the permit office could get access is for the owner to let them in or a search warrant . 

As of the date of this Agreement, Landlord warrants that the Property sewage drains are in good working order and that they will accept the normal household waste for which they were designed.

The houses are warranted and easy to rent, no repairs will be needed in a while, sometimes the builder credits are good, plus they enjoy the appreciation that you receive from buying early in a community.

Would they have to go with a non warrantable product or is there some sort of rule that allows it be a new condo building and waive some of the underwriting requirements?

If the money warrants action, send a demand letter. 

Is it safe to assume the property is still non warrantable?

It seems like this scenario is somewhat complicated but the property is also not high enough value to warrant a full-up normal cost seg.