She paid $115,000 about 7 years ago, and lived there up until a few months ago. 

I live in Boston and have a SFH.

I preferred a duplex, but the market was too hot for me to compete so I bought a big house and converted it to multiple units so I can live in one and rent the rest.

She is now looking to sell, but her daughter lives in the home and basically told her mother that in order to get her out, she would need to evict her.

We don't really want to go back to living in an apartment or multi-plex at this point in our lives.

I preferred a duplex, but the market was too hot for me to compete so I bought a big house and converted it to multiple units so I can live in one and rent the rest.

I lived here my whole life and never even thought about wild fire risk.We do get pretty wild and random thunderstorms, hail, and some high wind speeds. 

@Pras Ninchu sure you can, but it's a little late now if they are living there. 

I don't know, lately I've been thinking if I would still want to be doing this whole landlord thing in the future and therefore trying to figure out if there was an tax convenient way of liquidating all rental properties and live off a brokerage portfolio.

Live and learn.