I talk to developers all over the us and most of what you have would pass my initial screening to move forward. then it would go to sponsor experience, liquidity, construction experience, site location and site reports, entitlements, construction partners, etc to clear all the conditions. make sure you have a plan to purchase all the fixtures we passed on that. not sure about hotel financing of beds, desks, etc 

An engineer would be a great start to help disect the conditions of the site. 

I am not aware of any hedge funds purchasing, most of the investors are mom and pop and will be using financing so the appraisal will be on the value based on comps, not revenue or future revenue.If your property is above average in condition and amenities and being offered furnished those things could get you a small premium but you will likely not get a buyer paying cash based on a multiple of past/future revenue.Good luck!

Oh and tornado's don't worry about those, we get a bad rep around here for the weather!

Are you familiar with pricing of properties in various conditions in the local area in questions?  

I'd also do a quick check on any utilities that she's paying that remain with the house to make sure they are paid up.If you have a full month's deposit, even if she doesn't pay for the second half of May and part of June, hopefully she leaves the place in good condition and you can use the deposit for unpaid rent after she moves out.

If my cash flow was not strong enough to weather them moving, I'd eat the tax increase while considering a 1031 or an outright taxable sale, both of which I've done. 

Tell her you can't control the weather. 

It really depends on the condition and if the person smoked indoors and was a heavy smoker.You are going to have to wash all of the surfaces with TSP, chances are you will need to repaint (especially if they've been there for 10 years) and may need to stain block the ceilings before painting. 

Or are you a slumlord creating hazardous conditions at your property and racially discriminating against your tenants?