From what I can tell, you have the option of using them either as your home inspector or in addition to your inspector to verify the necessity of improvements for the 203k loan (you have to use one) - https://entp.hud.gov/idapp/html/f17cnsltdata.cfmFor regular 203k loans, there is a minimum of $5,000 in repairs to add to the mortgage of the house.

@Daniel Moctezuma Is the payoff letter a necessity?

Here's the thing I'll say:Appreciation is not an added bonus - it's an absolute necessity if you want to make the investment work. 

Worst case scenario the previous owner used to own both properties before the one further back was seized, so I'm pretty confident under existing precedent that the courts would grant me easement under unity of title and necessity.  

I've just never dealt with cashing in on title insurance before, so I don't understand its full power or necessity.

In general residential PM unless a full service company the brokers and agents tend to do it on the side out of necessity for another residual income stream.Some think of it this way.

Points charged on loans (% paid up front at closing, basically an origination fee) and interest rate..usually closer to 12% when you're starting out.Payment schedule - most will expect monthly interest only payments, but some will let it accrue and settle up at closing.Minimum loan amounts - if they only loan in amounts of $200k and up, then you're wasting your time shopping for $150k properties.Doc prep charges and other hidden fees (preparing the mortgage and note is a necessity and you'll have to pay for that, but watch out for other hidden fees). 

Hi Roger: I'm in the process of establishing a neighborhood network, which is quite an involved process, but it is a necessity, as there is power in numbers. 

If putting the home on the market ASAP is a necessity, then maybe WRITE something in the listing about the lack of photos.  

Having been a boater myself, I know that boats are, by necessity, usually well designed.Best of luck with your renovation.