@Allen - There is no redemption period in a non judicial foreclosure.

I'd also stop by the police station and inform them of what you are doing and show them your written consent, they might laugh if it isn't a formal notarized consent. 

There was good reason to have a formal dining room at one time...

I personally like working directly with the sellers, the agents tend to over formalize things with contracts and legal BS when "Hey, here's my situation, what do you think we could do that works for both of us?"

Late fees are automatically applied after day 3.Regarding separate accounts per door, capital360.com (formally ING Direct) will let you setup as many savings accounts as you would like.I am trying cozy.co for a new renter.  

Do you have to go through a formal eviction? 

Just want to formally introduce myself.

In such cases, you may not be able to evict but will need to foreclose and that means a judicial foreclosure as you don't have a security agreement with a lease option. 

Along with the formal letter, I would call/text or email her as well.

A potential way to structure a formal partnership is to establish an LLC with each of you as members.