I had another person mention his name in the last week so clearly he is the guy!

I believe at that time the owner lives outside the country and last I spoke with them they were doing work in Pennsylvania. for me too risky to invest in a single deal where the sponsor lives outside the USA compared to dealing with people here I usa.  

It should last at least a couple of years.And, since Teflon pans can be problematic, I'd stay away entirely: Stainless steel is your best bet.There's really no excuse not to do this: Walmart sells a 14-piece stainless cookware set for under 100 bucks!

-Single-family home months of inventory expanded to a 5.2-months supply, up from 4.4 months last October.

In this situation, I actually know the company to a degree, and I know they have come under 3 very strong stress factors in the last year. 

I’m an agent with Lasting Legacy Realty & Property Management.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

I don't think I want to put her on the lease right away in case it doesn't last long but I'd love some advice here on how best to approach this.

Since you are in discussion with them and they like you, you have a better chance of making it a good deal.I would suggest asking for the financials of the last three years at a minimum.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.