I would offer her a peep hole in the doors, and make sure she has a dead bolt lock front and back.

In other words, you can just take the cash flow now...or...you can double what you have now...by using your equity instead of squirreling it away.Equity is dead money, and 5 times more valuable outside of the property than inside it doing nothing.

This is an absolute dead end road! 

Either way, if the transaction does not close prior to the foreclosure auction, the sale is most likely dead.

If you're missing one then the terms will change, well if youre missing the cash then you're dead on doing a deal, with skecthy credit add 20% cost hike to deals. 

Dead equity should be valued as a investment.

I am terrified that we will find her terribly hurt or dead someday.

@Marcus Auerbach  Marcus your dead on.. its a lack of new constructionand for the exact reasons you mention.. the low price inventory has been dominated by investors as you know.. look at any major mid west rust belt city and take a look at where houses sell for 50 to 150 who buys those  90% are investors.. so there goes your affordable housing its lost to rental stock.. plus folks that want to own their own home generally wont buy in rental dominated areas as the issues are complex and schools not so hot.. 

Their are just as many dead beat real estate investors and just as many slum lords trying to take advantage of fledgling contractors as their are shady contractors.

I wouldn’t say I’m dead set on having an STR PM just wanting to explore this option because I have heard self managing can be a headache.