Investors hire a management company to alleviate themselves from everything you seem to really want to do.  

This would alleviate "tying up" the property for a length of time.

I suspect this is not be what you had intended, but it is the way the situation has been received by the investors on this thread.Given the feedback, you can take this as constructive criticism that "perhaps I can advertise this deal/situation in a way that address and alleviates the obvious concerns of potential buyers".

I have a tenant from NYC and she's mentioned that renting is just what she's used to.It does seem like she's offering a good deal to alleviate your fears, but like others have mentioned dealing with the nonsense the government imposes between such an agreement between two consenting adults might make it a PITA, and if she's a skillful mooch in an anti-landlord state she may be trying to bait you into a problem.

And to touch back on my previous post, focusing our efforts and time on areas where there is the most value and we can develop our own capabilities can alleviate constraints in the future.So as in most things, there's no simple answer.  

As a Property Mgr, you know where my position is likely to stand and while a Property Manager will alleviate those daily headaches, the costs of continuing to maintain the property will continue to grow and erode profits.

But if you could bring on an experienced investor to partner with, that would certainly help alleviate that problem. 

Wishing you the best in your research and hope that your choice is one that will help alleviate your wifes allergic reactions and provide you the returns you are looking for to match your investment style.

As Ashish mentioned, an S Corp could alleviate some of the tax burden.

And while I feel sorry for the tenants upstairs for getting scammed, that doesn't alleviate their responsibility to pay you what is owed.Stop using Craigslist.