She's emotionally drained right now from this property or dealing with the bank or whatever lead to her falling behind.

Loving it too much will hinder your better judgment and cause emotional distress.This is a business of evictions, damages, repairs, and doing it all over again. 

You will need to emotionally detach and see it as a rental.

If the answer is no, just get a rental you're not emotionally attached to.There are good renters out there, and a $240k (gulp, flinch) rental house will usually appeal to a higher class of tenants.  

We have a widowed female that could be a emotional roller coaster. 

Should be able cut the price of the 1 house by 25-30k.It is the No money down that has messed with my emotions on this.  

There is a lot to be said for the nuts and bolts of what you offer but, remember, a home is usually an emotional experience.

She gets very emotional with anything regarding her cat.My regular process for ants is baiting and Tarro, but they haven't taken the bait yet. 

I always look at title and equity which is why I don't personally work the non-performing 'emotional equity' deals.As previously framed by others, this is loan is an anomaly.

Again, the newbie in me came out and emotion set in.I think it's safe to say that I won't be pursuing this one.