Has anyone ever run across a property agent page where the initialized template disappears? You get to the property agent page and message indicates Template needs to be re-initialized.

Solution:

SELECT TOP (200) ModuleID, SettingName, SettingValue, CreatedByUserID, CreatedOnDate, LastModifiedByUserID, LastModifiedOnDate
FROM ModuleSettings
WHERE SettingName = 'PropertyAgentTemplate' and (ModuleID = ****)

In place of the asterisks, put the ID of the PA module affected by the problem.
Here you will see that the has disappeared SettingName PropertyAgentTemplate
It will be enough to add it and put as SettingValue the name of the template folder of PA inside the site folder.

Fix:

UPDATE       dbo.ModuleSettings
SET                SettingValue = 'FolderName' 
WHERE SettingName = 'PropertyAgentTemplate' and  (ModuleID = ****)