If you only have a couple of applicants that do not warrant a open house you have them contact you ahead of time.

I would humbly remind... even lawyers hire lawyers when the stakes warrant - sometimes only as a sounding board or to assure that they have not missed something. 

However, I can also see why the PM and PM's carrier would want to be able to file claims on the landlord's policy when it was warranted, as well.

What sort of return warrants the effort/risk of property acquisition.  

The tenant didn't leave with your washer, dryer and stove--he STOLE your washer, dryer and stove.Have you called the Police and report it, then maybe he can go sit in Jail with the rest of the thieves.He will update his Drivers License, or be pulled over for a traffic stop at some point--and bingo (open warrant).

. $100,000 is more than enough if you're ok with a condo and can get a lender to loan on a non-warrantable condo.

Condos, especially the ones on or near the beach are considered "non-warrantable" by lenders and often require higher interest rates and down payments of 20 or 30% and portfolio loans, even if you are able to claim it as a second home.

While that is a highly valuable service it does not seem to warrant the very high price.

It was transferred through an estate deed in 2005 and per records is "not warranted". 

Also, be flexible when the situation warrants.