I’ll be talking to a CPA and possibly an estate attorney, but wanted to get the BiggerPockets perspective first..So, is future Mother-in-law sophisticated and accredited or is she just a generous sweetie?  

I run several beach properties and here's what I rely on to keep things smooth:Guest messaging & calendar sync – Hospitable is great for automating guest communication and syncing calendars if you're on multiple platforms.Dynamic pricing – PriceLabs or Wheelhouse help keep your rates competitive and adjust based on demand, seasonality, and local events.Smart locks – I use Schlage or Yale locks with remote access via apps like August or SmartThings.

It is similar to the few posts where I mention what I believe to be the best sophisticated value add in So Cal market, tenant in common coop.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $240,000

Cash invested: $60,000

Amazing home in a wonderful neighborhood. Sits between 2 schools and a park. Home d...

If you pay electric I would be inclined toward miniplits which may be more cost effective to run.

So if $36,000 is owed for the remainder of the lease, AND the lease has no provision for allowing for early termination by the tenant, the tenant will owe $36k minus whatever NET rent is collected for the period of contracted tenancy.As per the property manager’s conclusion that they would be owed $1,800 in the case of you taking the property off the market, it sounds probable but no one can know if this is correct without reading the contract between yourself and the property manager.As a side note, many people entering lease agreements aren’t financially or business sophisticated, and probably don’t realize their potential liability.  

advanced fee pump and dump  full stop.. for all the reasons mentioned above. its an epidemic in the US and has been for decades.if you can watch the American Greed episode on Remington Financial and then you will understand how a sophisticated due diligence scheme was carried out.the one U showed is coming to you from off shore just garden variety Nigerian prince scheme couched for RE lending. 

As important, all sophisticated investors will only consider investment in private offerings that are Reg D, or occasionally Reg A, compliant.The most important aspect of Reg D is the 506 c offering, which ALLOWS general solicitation and advertising, and eliminates the requirement of the sponsor and investor having an established relationship

What you're saying makes about as much sense as Tom Brady hitting 2 Home Runs in the World Series. 

BUT, in my experiences, and I know a few contractors that have a fair number of rentals, the issue in this transition comes from experience running teams.