I think it's important to acknowledge a very different set of priorities for someone in their early 60s, who is:

1) Close to retirement age

2) Likely still saving as much as possible so she can retire

3) May have other expenses not detailed in the article, stemming from family needs, health concerns, etc.

Also note that a property management company is evaluating someone from the "risk of non-payment" perspective - not a financial advisor's.