Essentially the focus is tenant management.

I believe towns in Fairfax, Prince Williams, and Prince Georges(MD) county will be most impacted during the 10 year Amazon project.

The borrower is still the owner.At sheriff sale, foreclosure auction you have the opportunity to bid on a property and essentially become the owner in whatever state it's in (the borrower may still be occupying etc).An REO is a property that the bank took back at auction and now owns.

Finally, your reputation is essential.

Get an app like CreditKarma and make sure you are doing well in all other categories that impact your score.

Just would like to know in your experiences if this is standard with condos as it would impact my analysis?

The good news is, you live in the space with this roommate, so a judge will be more lenient with you as this person is directly impacting your home/life. 

With that being said, there are a number of variables that can impact whether a property will be profitable as a STR.

But I think @Bob B. is right about having a conversation and letting her make the choice to move on before it impacts her future.

These provisions relate to rights the new owner (buyer) has and include restrictions upon the current owner until closing, per @Mike Cumbie (although the prohibitions are essentially meaningless -- either the title is clear and/or acceptable at settlement and t)here is a closing, or it isn't and there is a dispute).Oh, and the "lending partner's approval" contingency tells me the buyer is a wholesaler who may or may not find an end buyer for this property... so this could be a complete waste of time.