You answered your own question when you stated "They are having a hard time finding a rental.........) you should have got the hint.

Hint, offer no down payment in return for your buyer cleaning and fixing it up for you.

Feel free to offer any tips or hints on what I should pay close attention to.

I bet its exponential as @Steve Vaughan hinted. 

Like i said before people are basically hinting towards the whole: if you're not rich yet or if you dont have excellent credit you can't be in real estate.

@Lillie MAnon,You expressed a desire to live in the down south place a portion of the year without me or anyone else prompting/nudging/hinting, so I'll share this option because I believe you can mostly accomplish your goals without fraud and I don't believe you want to commit fraud.Buy the first one FHA 3.5% down primary residence.

You pretty much have to be following the local market, be aware for new listings with daily alerts, and be ready to identify a property that is being sold at a discount to ARV (hint: you'll have to do your own research for each property on your radar) and if your calculated profit works for that property, you move forward with acquisition.

Like I hinted at before, I don't really worry about if they are going to accept or not, I'm off to the next one.

It also sounds like there was no real hint of trouble until after the program ended for her (due to her having a good job).

We know that hud will not make any repairs but have the contract contingent on inspection.We don't (hint hint) but I have heard from a little birdy that somehow the power get turned on for about a hour doing inspection.