Zuhl3156
I found one suit of Power Armor and all of the components are red as in stolen. It was just sitting there and nobody was anywhere in sight. Who could I have possibly stolen this from? Is he going to hunt me down to get his Power Armor back or do you think I'm in the clear? I think it was somewhere near one of those Red Rocket stations if that makes a difference.

 
I found a suit of Power Armor that was red indicating it was owned. The one I found was by a motel that does get on the pip boy map once discovered. Raiders are present.

whiskers54
 
 
But I don't have any mods and I was losing parts off of the stored Power armor.

I don't have any mods either and I have a hard time buying into the fact that my settlers are going around Sanctuary looking for things to scrap. There is enough 'stuff' in that Workshop to keep them busy for a year without scavenging my Power Armor. If they really want to scrap something they should try cleaning up those fallen trees and busted fences.

whiskers54

Zuhl3156
I found one suit of Power Armor and all of the components are red as in stolen. It was just sitting there and nobody was anywhere in sight. Who could I have possibly stolen this from? Is he going to hunt me down to get his Power Armor back or do you think I'm in the clear? I think it was somewhere near one of those Red Rocket stations if that makes a difference.

 
I found a suit of Power Armor that was red indicating it was owned. The one I found was by a motel that does get on the pip boy map once discovered. Raiders are present.

Possession is 9/10 of the law. There must be some kind of statute of limitations where it eventually becomes my property or am I just whistling Dixie?

whiskers54
But I don't have any mods and I was losing parts off of the stored Power armor.

 
The cell reset will do more than remove pieces from your armor.  It will take for example; a T-51 suit and reset it to a T-45 suit.   Or an empty T-45 frame and then put some or all of the armor pieces back onto the frame.  That's what was happening to me.
 
In your case Whiskers, I think we're looking at straight up theft.  Either Zuhl has been hanging with your ladies and coerced them into a life of crime, or your settlers are pulling pieces off of your armor.

whiskers54

Zuhl3156
I found one suit of Power Armor and all of the components are red as in stolen. It was just sitting there and nobody was anywhere in sight. Who could I have possibly stolen this from? Is he going to hunt me down to get his Power Armor back or do you think I'm in the clear? I think it was somewhere near one of those Red Rocket stations if that makes a difference.

 
I found a suit of Power Armor that was red indicating it was owned. The one I found was by a motel that does get on the pip boy map once discovered. Raiders are present.

 
I also found a similar suit and the hotel location sounds familiar as I seem to recall a bunch of raiders around.  But this armor wasn't raider armor, it was all T-45.  I jumped in it and took it home. Got tired of seeing it as "stolen property" considering it's previous owners had had their brains splattered liberally all over the ground.  So I cheated a little bit.  I used a console command to make it not stolen.  

Dukman
 
 
I also found a similar suit and the hotel location sounds familiar as I seem to recall a bunch of raiders around.  But this armor wasn't raider armor, it was all T-45.  I jumped in it and took it home. Got tired of seeing it as "stolen property" considering it's previous owners had had their brains splattered liberally all over the ground.  So I cheated a little bit.  I used a console command to make it not stolen.  

Yeah, it was just sitting there in the wide open. It wasn't in a repair station or anything and there was no one in sight not even a decaying corpse so I figured finders keepers. I have it hidden in a house at Sanctuary. Nobody touches it either. Maybe they're more worried about the real owner showing up than they are of me. It's not Raider Armor either.

Wish I had come across this video back in November.
 

 
Much of that is common knowledge (I think).  But I didn't know about the cover system.  You would think that they would have made noise about that one.

As some of you know I am stepping up and I am about to go send my 960 off for the 980ti. That being said I just popped in my old 550ti and tried to run the game and wow. I can't even boost clock this GPU. I was getting about 25 fps at medium settings. needless to say when I get back from the Post Office I will be dropping the 750ti back in so it will be at least playable.

I would think that the game would run over and pummel that 550 with a broken walking cane.   Which apparently it did.
 
The 980Ti should steamroll right through things. 

I noticed that some items on my search list were shimmering along with the cabinet doors where the goodies I needed were stored. Maybe it's by design to alert me to an item's location or it's a glitch.