I’m guessing the property has been written off by Suntrust (original lien holder) and either isn’t worth the cost to complete the foreclosure process or it’s already been written off. 

(FYI maybe ya wanna read Global Finance magazine as Luxembourg was rated #1 richest country in the world 2024, give ya 2 guesses how that is as there's no oil, no ocean, land-locked tiny nation middle of Europe.....)....

I guess the mice have chewed the insulation.Additionally, the drywall at basement detected moisture.

Then start the painful process of trying to notifying, move/store and auction off the abandoned property.I've thoroughly researched the SB1079 laws and qualify as a prospective owner/occupant since we honestly plan to use the home as our primary residence.I guess my primary question is, is there anything I seem to be missing and need to look into?

I guess the question I’m left with is, what have you found the profit margins to look like on co-hosted (not owned,) properties?

@David Pere I'm going to guess you have a good knowledge base according to your "From Military to Millionaire" tagline. 

I'd venture to guess that the median price for an STR-able property is probably $2M.

Everything is negotiable.I guess I don’t really NEED a partner.

Let me guess - you never verified if they are a licensed PMC or if they have proper insurance.Do they even have a website with an Owner's & Tenant's portal?

Even though property taxes are high in Texas, I guess they made the numbers work.