What are the other properties in the area worth and was are common features in them?

Having a good agent that has a proven track record with Condotels is going to be very important for you and should be able to help with many of these questions. 

Curious to know more about people who have done this successfully - at face value it seems like it wouldn't be worth the hassle of switching between the two strategies.

Could be worth speculating into at least one property there and just holding it for the long run with how inexpensive they are. 

I would be aggravated too, but it seems like one of those things where the effort to get juice from a stone wouldn't be worth it.

I had the impression that you were just scouring the map on Zillow, saw homes for $65k, and thought it was an out of state market worth pursuing. 

I love real estate I just don’t see how, outside of simply diversifying, that it’d be worth it.

At that point, it's worth researching and finding a solution that better meets your needs.

Depending on how much below market she is, it may be worth it to pay the costs associated with removing her.In my experience, the people quoting the law are usually the ones that have no grasp on the actual law. 

@John Morgan, unless your net worth is more than 1 million dollars.