When you are renting by the room like this, you are targeting not-so-ideal people by nature.

That is just the nature of the market. i.e.

Does the guarantee burn off at some point naturally in the primary term of the lease or is there an early termination clause if certain sales numbers are not met?

I am working on a property in Houston that seems to be lucky enough to be in the way of any recent natural disaster. 

It’s usually something they take on as a necessary evil given its nature of importance for out-of-state investors.”

He seems a bit on the passive side, and I think maybe it's just not in has nature to be more aggressive with these type of things.

This includes hot or cold water, fuel, electricity, natural gas, and heat."

@Aaron T.What is important is the nature of the investment, and short term rentals typically considered 'active' investments, especially given the fact that you run BNB business outside of your tax deferred account.

You fear because, right now, it is something you haven't done, so your lizard brain will naturally panic because it doesn't know what comes next. 

short answer is you don't get into them.you just have to walk around them and peer into the windows..if the windows are all closed up.. then that's tougher. many times a window will be left unlocked you can get in that way but its trespassing.many times as well a few days before the sale all of a sudden the back door has been kicked in.some investor ahead of you.. simply wont bid unless they get in side and they have kicked the back door in.ONe guy I knew was small of stature and could get in through doggie doors  LOL.but that's the nature of foreclosure business..