@James Freeman I'm not sure what neighborhood you live in, but a lot of the neighborhoods around the Austin area encourage them as a way to try to maintain some type of affordable housing.

Encouraging.....Maybe we are not in a bubble then....

This, specifically, is to be applauded in my opinion:To encourage more landlords and property managers to participate in the HCV Program, HUD’s new Landlord Task Force will host a number of forums across the country to engage directly with housing providers, specifically those who do not participate in the voucher program.

I did gladly encourage him... that in twelve years more, if he would keep his regular deposits of but two pieces of silver each week, the money lender would then owe him four thousand pieces of silver..."

They crave social acceptance and have a deep-seated need to be surrounded all the time by others who encourage them in their way of thinking, whatever it is.But getting back to the specific thing you asked...no, you won't get a chance.

It's encouraging to hear that you are making that model work for you.

They'll talk to you to encourage you to get preapproved, and maybe show one house to get you motivated to do so, but that's a different thing than spending 2.5 hours showing you 10 houses this weekend.YMMV depending on if you use one of the part time PTA parent agents that are seemingly multiplying in number of late, of course.

@Joe Villeneuve, @Adam Wright Thank you both for the words of encouragement! 

I encourage landlords to charge both if allowed by state law:  you add a little to your pocket, but you give the tenant an incentive to prevent and/or repair damages themselves to get their deposit back.

I encourage you to pursue this deal.There is a lot of meat on this one, might be worth looking for an experienced investor to partner with.