After all, you two are the true principal parties in the deal. 

Obviously, neither one is exactly true. 

True financial hardship I understand.How is that any different from a yuppie living in the big city, renting a nice apartment and then worrying about the virus, decides to stay with Mom and Dad for a few months?

It is true that you could not evict her right now, but that is not going to last, and if she's a great tenant I highly doubt she wants an eviction on her record. 

Before doing that sorting, print out all your credit card statements and bank statements, take colored highlighters, designate green color for business, pink for personal and yellow for mixed and color away those statements.

You don't get the true benefits of owning RE, such as writing off the mortgage loan interest, which is a lot in the first few years.

Is that true?

Not only because of the current uncertainty, but without an arms length transaction, I have never gotten what I thought was true value for our properties. 

That must be quite expensive.If not, most of the time, you can't just call up a CPA and they're happy to give you, a non-client, free advice.If you're implying 10 different CPAs and lawyers will have 10 different opinions, this is usually true at the bottom echelon, and what you'll find is one was right and nine were wrong.Once you get up above the lower priced firms, most CPAs tend to agree, or at least agree after debate.

As has been discussed in other threads, in the event of true loss of job, no unemployment, no gov't bailout, no savings or liquidity, no other sources of income, a very small minority of tenants will truly be unable to pay rent.