I would assume that in a flip it depends on the situation.

The latter, well, everyone has opinions because it's highly variable on personal preferences and dependent on location and type of STR.What do you want to know? 

If you are going to work with them in their time of need then both parties need to benefit and win together on the upside.How much you work with a tenant depends on location.

like me, alot of investors, especially out of the area investors/ rebab/flipers, want to structure something above and beyond paying a contractor for his estimated repairs, (or to an agent for being a project manager for the completion of the rehab above basic selling commission for relisting)  but something to incentivize the deal, like a part commission above and beyond a certain net; offer this to an agent or GC to put extra attention to the deal to completion...you can call this anything you want, a team member, a sweat equity partner..it doesn't matter..but I certainly want to offer a "part" of a deal above and beyond...and repeat with that person...it is a good feeling...and Im out of the area, and if any action is to be taken, I will be semi dependant on somebody to care above and beyond the norm... - from zero experienced flipping guy, matt..

Depending on the market your in the numbers could be different.

The legal threat could help or hurt depending on the reason she is backing out. 

I'm depending on brokers for deals, but cap rates are crunching.

It will depend on your market and what they're looking for in a home.

There are deals all over depending on what kind of place you want but you have to check the location really well, and I'm not sure how one does that when not local.  

@Mark SpritzWhile a Solo 401k may or may not be a better structure for you based on your situation, the additional benefits (beyond contribution limits and loans) include the following:-No custodial requirement-No need for LLC cost and admin to have checkbook control-Built in Roth-Spousal participation-UDFI exemptionsThe cost comparison depends on what providers you are looking at for each.