Just wondering if there's any inherent risk in this, besides overpaying?  

The previous owner was in her eighties and just didn't have it in her to keep the place going.Anyway, her idea of screening got the same amount of attention.

Atlanta is very hot right now so I wouldn't encourage you to jump in here. 14k units under construction and it's not enough to meet demand...  

Just so we're clear...1) The husband will not be living in the property, and likely won't step foot in it2) The prospective tenant has her own business which does check out and does have legitimate income.3) The prospective tenant does not want to sign the lease in her own name.4) The prospective tenant does not want to fill out the background check or credit report. 5) The prospective tenant has genuinely been living in the US for 22 years (used to live in Florida).Am I overreacting?

"He and his wife came in here and were dressed poorly, fought during the meal, berated the staff, and were lousy tippers." 

Don't let these obstacles stop you. 

Get as much education and network, because overcoming obstacles is the name of the game.

Debt deals are inherently misaligned as the sponsor keeps the upside while the lender/investor has majority of the capital at risk.

When seasoned pros in our local rental association asked me to be a mentor to those new to the field.When I realized I was starting to identify with the roles of Real Estate Investor and Landlord and understood the responsibilities inherent in such.When I realized the positive contribution we were making to the community.

welcome welcome to BiggerPockets hope your stay here is very knowledgeable because you can gain all you will need to know from everything that's in here is just sorting it out and getting it down and then asking questions when you have them there are enough pros here that know the answers so and they will hold webinars on them if its a good enough question so just remember that they care for your success