Your better move is to buy them from the current owner at a value that represents what they are worth today.  

Though the USAA representative couldn't really give a definitive answer on every coverage element Prosper notes, the general response was "why wouldn't that item be covered?"

The general won't because you are doing some of the work and he can not represent to the city when stuff will be done and whether it will be up to specifications/code.

So a lot of BP folks about to get trimmed.I understand by representing the buyer they technically "should" negotiate against the seller, but that just wasn't so and the case came about.

Hey Javier, I actively buy and sell in Lubbock and I represent many out of town investors.

If it escalates, text may or may not be allowed in court,  your written/delivered notice is.I hate using text for business issues and try to avoid it....even though yes, it is a legal form of communication in most states I believe...It just seems juvenile to me and I have heard (from people that are in the business) that in court, email communications are considered much better.I have a deal going on right now where the buyer's representative (younger guy) communicates mainly via text.

Let them send the new notice and file the paperwork and represent you.One thing that might send the message too is put a for rent sign in the yard, put a lockbox on the house, and do some walkthrus with contractors to get estimates on the repairs you are going to need to do. 

Both classes are represented by the same sponsor, how does a sponsor act in the best interest of both share classes?

The Midwest is well represented here, let me know if you have any questions about Indy. 

if this is an owner occupied property and the loan was used by the owner to buy the property to live in.. then they are by federal law able to request a 3rd party mediator to meet with them and a representative from the bank and try to work out a re pay planthe issue is many in foreclosure never follow up on this and basically waive their right to this meeting. that would be step number one get into the federally mandated mediation if the owner and the property qualify.