I own and operate Auto Finesse LLC, which is a mobile automotive body and paint repair company.

LOL.. and those folks don't post on BP.. on BP its all blue sky rentals are the way to financial freedom quit your day job.. live the life you deserve etc etc.. well for some for sure.. for many NOPE.. they are like why did I do that.. and they exit no matter the loss.now this is more prevelant in the lower value asset markets.. not all markets are like this.But I look at when I started hard money lending in 01 for turn key and I started in Detroit.. the homes there appraised at that time for 120 to 140 each rented for what they rent for today 800 to 900 in those days the .05% rule was fine.. we loan 80k as a HML .. well those homes tanked as you probably know many went down to less than 10k in value.. thankfully the 200 plus I did there I got refinanced out of them all. but you know long term lender lost their lunch and so did most of the investors in those days.I am not prediciting another major meltdown.. but even  break even is not a good position to be in with rental properties in my humble opinion the risk/reward and hassle factor just weights on you.. but I know I am in the VAST minority in my thinking.So my thought is you really need to get these things paid for and keep them forever.. but life happens and I would say 80% of people that have that thought process going in never make it past about 7 or 8 years.

Most weight given to last 2 years.7.

@Ivan Barratt  I don't know about that just opinionated  :)  its not rocket science just buy close to the median in a given MSA use a quality company and a very good PM and things should go OK for you.its those that are determined to find the highest return and don't weight the risk or don't realize that risk is pricing the market..  

Every market is different, but I know in my market here in Connecticut an offer with no inspection contingency and a high earnest money deposit amount carries a lot of weight.

Also, if there is a decision to be made whether to liquidate the property or not at the end, do investors vote with their votes having a weight proportional to their equity? 

Seriously listen to @Michaela G.Everything that I've been taught about credit history is spot on to what she's saying.If you go and pay off the amount it will become recent history and carry more weight than just leaving it alone.If you're going to do anything, speak with a reputable credit repair person.

I actually have a copy of the lease but it is not signed... do you think this holds any weight?

While I know as dad's it is our prerogative to fix things for our kids and make everything easier, I think that she should feel the weight of $100K of debt as much as possible. 

They weighted in three major categories:Emotional and physical well beingIncome and employmentCommunity and environmentI think these lists have value as cities try to attract businesses and residents.