They thought they were just buying out the family business—the hotel Joe Duncan’s folks had owned off-and-on for decades. The two-story, pink limestone hotel was named for the creek that runs through Fort Davis, Texas: Hotel Limpia. It was January 1991, and 30-something Joe had been in the real estate business while his wife, Lanna, was a school counselor in Dallas. On the day they closed the deal, Lanna says, “we went upstairs to a room reserved for us and laid there, looking at th


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