I give the option of paying an early termination fee a d walking away clean, or she remains responsible for rent and utilities until a qualified replacement tenant takes over.100 years ago, people would lose multiple children, spouses, parents, it other relatives, yet they still lived in the same home for decades.

Fun debt fact: for every $400 of monthly debt payments you owe, you lose $100k in buying power!! 

Still, if I rent the property, then there will be expenses to fix it again, and it might lose some value plus if the market will go down.I have five properties with a similar situation, definitely a good amount of equity there.Thank you all for reading, and I appreciate your opinion in advance!

You're thinking "but you could've made an easy $350 by helping me" while he is thinking "I was risking to miss the deadline for 15 clients already, and I couldn't afford to lose them." 

But don't see any reason why it couldn't be done.Keep in mind, I mentioned "shorter term" above, if you lose your job you have to repay it all within 60 days or it becomes taxable income. 

There are A LOT OF TRAPS along the way that can/will make the deal fall through (and cause you to lose your earnest money).

There's a trade off with the retirement accounts, you're losing some control and investment flexibility but you're saving taxes. 

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.

Can you sell it as real estate without the business or will you lose money on this deal?

Seller was happy to take the deal because she was moving  to  Oregon and was about lose another house she had in escrow over there.