I'm not sure what type of LVP you're using that water causes it to unlock. 

usp=drive_link What made you interested in investing in this type of deal?

What type of paperwork am I even asking for? 

What made you interested in investing in this type of deal?

I think it also can be helpful to view the Traveler Search feature (https://www.furnishedfinder.com/housing/Dallas/Texas/Budget2...) to see what type of similar properties are listed if you haven't yet.Besides that, checking Airbnb and VRBO for 30+ day stays and local Facebook groups is always a good way to find other MTRs in your area.

Hello,My wife and I found a home we like on www.hudhomestore.gov that seems like a good deal at face value for a potential flip or long term rental, but we have never purchased a home from them and wanted to find out the pros and cons of these types of deals.

Unfortunately, I think this is more a symptom of the level work currently on the attorneys working these types of cases. 

There are a number of companies that will write the letter for you (typed or hand-written) and send for you.

This type of loan does @Rodolfo Veloso zero good.

These types of tenants usually end up buying a home of their own so you’ll have to deal with turnovers every few years.