I would walk away,  If that was my sister, I would say if it’s a good rental, rent it out for 20 years, paid on the mortgage overtime, and hope for some appreciation

The whole "My wife loves this area and the house is a great fit for us".

The proverb of old says "Whoever walks in integrity walks securely, but he who makes his ways crooked will be found out", it is as applicable today as it was thousands of years ago.I think Brian is correct, the reason many get in trouble because they read all of the misinformation on the web, there are some yea-sayers out-there (even here on BP, but most of the times they get corrected) who will tell you "yes, you can do this" and lead others into trouble.

How does RE fit into them?

It’s always tough to walk away from something, but we can only give our attention to so many things effectively.

Any selling features (master bath, walk-in closets, yard with deck, etc)?

Otherwise, going from one to the other (walking home from work, then armchair in the evening) is awkward and time-consuming.Please investigate what it would take to add this feature to all Bigger Pockets books that include both audio and e-text editions! 

The bathroom is usually best set up with a no-threshold walk-in shower stall.

Contact the building code enforcement person for that area and they will walk you through the permit process.

One thing to keep in mind is that some potential tenants may not be able to walk up the stairs, if elderly for example.