Hello Bigger Pockets Community,I'm currently engaged in cold calling homeowners whose properties are nearing tax sale, and I'm encountering numerous LLCs that have forfeited and are inactive.

A lot of my clients have gotten stuck with major loan payoffs if they decide to sell their homes as they really don't add any equity here and most buyers don't want to take on the additional loan, some have had their home owners insurance drop them, and like you, they ended up costing more then just paying your electric bill. 

If this is so I am curious about how that’s not a form of power of attorney surrendering all actions of the procedure to the courts favor and not in the favor of the homeowner?

P.s I don’t plan on selling anytime soon. do whatever is needed to pass the inspection, SAFE, and Clean, do not go overboard you will not get anymore rent doing it like an homeowner was buying it . 

The HO6 policy is essentially a home owners policy for condos. 

The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax return.Originally created to protect residents of Augusta, Georgia who would rent out their homes to attendees of the annual Masters golf tournament, the Augusta Rule applies to any taxpayer who owns a home in the United States, provided that your home is not your primary place of business.How Does it Work for the Homeowner?

You'll see more rentals than homeowners, cars parked in the yard, and less amenities. 

By assigning an agreement to someone who then completes the purchase, you have in fact brought that consideration to the table at the time of the transaction.I'm wondering if there was some other intent of that language - such as to prevent a homeowner from being screwed out of their house via some "creative financing" scheme that benefits a 3rd party (e.g. investor) while not providing any (reasonable) compensation to the seller.

I need your investor's perspective because I've been discouraged by homeowners. 

The typical Texas homeowner pays $3,797 annually in property taxes.Your capital can go a lot further in other states with a lower effective property tax rate.