That kind of Calculation will open your eyes once you see how the Principal and Interest moves in relationship to a 30 year fixed rate mortgage.

Mortgage is $950 (I have about 100k in equity and only 79k to owe).

The 5-year rule related to Roth conversions (different than the 5-year rule that applies to earnings) determines whether or not the conversion PRINCIPAL will be PENALTY free (the converted amount is NOT taxed “again”).Check this out for more detail than you ever wanted: https://www.kitces.com/blog/un...

If I do the 3 day notice to pay or quit and they pay the owed balance, can I end their lease in a few months from now?

While I agree 100% that taxes, insurance and other upkeep are expensive, if I rented I'd be paying a landlord a sufficient rent to more then cover these amounts in nearly every instance, plus his mortgage principal amortization.Since, personally, I prefer a home that is nicer then most rentals and like the idea that the home is mine to do as I please, I choose to own.As a RE investor, with over a 150 paid off doors, (antithetical to you Joe, I'm aware) I know how to purchase RE at a discount.

Judge granted me a judgement for rent and late fees owed, no previous court costs. 

In addition, the amount owed in student loans will depreciate over time due to inflation. $100 debt aquired in 2015 will not be as much in 10 years.Go for real estate - but read up and find your niche before you pull the trigger. 

@Brandon Reed It's a national program and the only requirement is that you can't own more than one property, it has to be your principal residence, and you can't have delinquent payments on your credit report for a year before you can buy.

She owes 119k on it and is willing to do subject to mortgage financing.

Of course, principal pay down and some tax perks to boot.