@Iverem Rose I think one reason the system works well for us is because its fairly easy to get to these properties.

A rose by any other name would smell as sweet.

@Aaron Rose Unless there is equity to flip, the situations mentioned don't attract my interest as a landlord.

For example, here:-pre-recession (2003-2008) prices rose 100%-recession (2008-2011) prices dropped 20%-post-recession (2011-2017) prices have risen 65%A $150k condo in 2003 is now worth $400k, which averages out to almost $18k a year.

.), or that they will just build a wall around our property and finish converting and developing the land around us into commercial entities.We said we were fine with them building around us (with the bet that we will be bought out at our price eventually (possibly even higher due to the fact that pretty much everything around us will be commercial property and generating revenue (restaurants/mall/stores/etc...))).Now I'm asking, if you were in our shoes, what would your game plan be?

If you are worried about when "The other shoe will drop" don't do the deal.

Thank you @Iverem Rose!  

Now, put yourself in my shoes and the shoes of the guy in my company you spoke to.  

Put yourself into her shoes: There are tenants, who might be disgruntled and they might do things to the property after, if they still have access. 

If I were in your shoes, I would contact her, tell her you were contacted by the apartment complex looking for a reference, and that you know she wants to leave.