But pretty much every HML will require PG's as well.. but if they have a mechanism to get the property back without a foreclosure then maybe they don't need it.. and frankly with the no money down borrower with limited capital the PG is kind of worthless anyway.. again just spit balling here.. but in mortgage states like OHIO were foreclosures take a long time.. 

As you mentioned though, there is a limit on how many of those type of lots there are.

Follow up question on the repair costs:  make sure there is a written limit as to how much the PM can spend without contacting owner (ours defaults to $250, or could be more or less, depending on owner's decision). 

The primary limitation being what data is actually recorded.

Got hit with a seasoning reqThe only option earlier was delayed financing which will be limited to what you paid for the property plus closing costs, OR 75% whichever one is LESS.  

Will hire an attorney to review agreement as I want to limit my liability exposure of injury while working.

The applicants just submit their information online and pay the Cozy fee of $40 for background/credit report combined or $25 for each.

Forward those to your PM or even reply to the applicant and copy/re-direct to the PM. 

The housing supply is limited as Williamson county doesn't allow much development.

Just slightly limiting myself as I prefer to live close to work as the occ requires, but would rather have some extra drive time to go along with some extra cash.