In the last 10 years the property management industry has exploded both in the quantity and quality of the managers.

IF you are doing cookie cutter, standard size and standard entry level price points AND you are doing quantity each year, then yes, the same or similar template is appropriate as part of your systems.

They've insured the title then the former owner file a lawsuit and got their property back.The courts in general feel that forfeiture of real estate is too harsh an outcome for not paying your taxes and sometimes the amount owed is tiny in compared to the value of the property. 

Is this house worth a tiny to zero profit?

Handwriting is slow, but it is a start.  60 addresses is a tiny list, but again, a start. 

Neighbors are awesome, but it's in a lower income area and there's not really a huge market for a tiny 2 br cape code that needs new windows.I am emotional about it because, again, I'm not doing this for "business", I'm just trying to pay for the house and be responsible versus foreclosing because I can't sell it.

Or stuffing massive quantities of bones and food down a garbage disposal.The damage was around $10K.

I am considering putting a tiny house rental on the lot. thoughts?

As far as students vs. non-students, the student body at Texas Tech is growing quickly, in addition to the large quantity of businesses and families moving into town.

You yourself are taking on just a tiny fraction of that sec 8 tax burden since everyone else is paying for it too.