Have you shown her that buying in the right location and proper screening of tenants will reduce the chances or "tenants trashing up the place?"

If you have never been through it before you should hire a competent  attorney, however once you learn this process it can easily be  handled by yourself assuming your property isn't held in an LLC.Although the laws are very tenant friendly, the law states that a Landlord is entitled to receive his/her rent on time and in it's entirety every month - assuming Landlord is doing their part of courseEvictions for things other than non payment can get tricky as proper notice is required and a host of other things.If you have questions please feel free to PM me.thx and good luckChris

So now it is vacant land and a neighbor wants to buy it for $1It has been awhile but I think the cost to raze it was $10kMy original quote came in at a value that I would have lost money, so I hired a public adjuster to handle the negotiations and he got me 50% more than the adjuster originally offered. 

The tenant attorney and tenant rep broker of course will try to do the opposite of what the landlord wants in ultimate guaranty security of lease, annual rental increases, and long term primary lease term.If you left it up to a tenant they would try 3 year primary lease, blocked rent increases so not annual, sales clause if not at certain level they can terminate or reduce rent, co-tenant anchor clauses, crazy broad restrictive uses for other units in the center, no personal guarantee, no disclosure of personal or business financials per the lease, set up a single entity remote LLC so they can bankrupt it for one location if things go bad, put a ROFR clause in the lease, incapacity clause where if tenant gets sick or hurt they can cancel lease, construction road widening clause where tenant can pay reduced rent while access is reduced to the center, unreasonable CAM cap clauses, etc.I can go on and on with the crap I have seen in leases for my clients buying retail centers where I am the broker.

Equity does not increase cash flow it creates a separate income stream on the property that reduces the cash flow on the property itself.

In fact, VRBO, in general, does not handle reports of bugs in their programming very well, at all. 

After sitting on the market for over a year they reduced the price down to $300,000 at this point I knew we were getting closer.

The first will reduce the debt payments per month.

You buy less than what you sell (either taking cash out or reducing debt). 

Typically, a full-time PM (especially when you're long distance) handles everything for you from advertising, screening, and placing tenants, as well as day to day stuff such as handling repair requests, collecting rent, handling rent court/evictions.