If property is determined to be abandoned under the lease and in accordance with Texas law, notice will be posted at property of suspected property abandonment giving tenant 3 days to remedy lease violation.

This is more than likely, what you suspect.  

But it they just renovated it, I would suspect they would want to get their money back out...On a side note, for 1-4 families we typically talk about cash on cash return .

With a week to go before closing, I suspect that your financing contingency has already expired.If you're only on the hook for $1,000 and are positive you want out, consider yourself lucky.  

I suspect that he's going to need it.

not to mention anyone trying to raise money at 5k at a time is suspect unless its a full blown nationwide crowdfunder who have created that niche.On the references  that I don't worry about much.. one.. if its a scam references are schills..

I suspect @Shawn Corcoran is incorrect when he says Quit claim deeds are useless in TX. 

People have suspected this bias in the indices used to report returns of some alternative asset classes for years, but our analysis is the first, we believe, to find a way to account for it.The selection bias arises when returns are based on indices built on repeat sales of fairly illiquid assets that are not sold at random.

I suspect the cost of the pro membership would be worth the peace of mind if nothing else... and if it saves you a bad investment... :) Good luck with your future findings!

How he paid it off is a mystery, at least in theory, but the bank suspects he may have fraudulently obtained a joint loan in his ex-wife's name.