Hosting community meetings or providing resources about recovery housing can help demystify the operation and demonstrate your commitment to creating a positive environment.

Overall, run the numbers with both short-term cash flow and long-term appreciation in mind before committing.

You will most likely have to get some kind of SBA loan for it as it is a mix of real property as well as an existing business. 

@Vladimir LukyanovUnless the language of the lease suggests otherwise, it’s common for the purchaser, successor or transferee of the property to assume the existing lease.

After reviewing what we said in writing didn't match the contract they committed us to, they sometimes split the lawn mowing cost, but we were still out the rest. 6 months before the 18 month lease was up, we asked if the PM discussed a renewal with the tenants to get ahead of things.

Some lenders will allow a signed lease starting after your new purchase closes, or they will use market rent on your current home to offset the existing mortgage in your DTI.

and just to be frank... with everything you listed in your post, you're looking for something that doesn't exist. 

I believe I signed a contract committing to work with him for about six months, but I’m not sure what my options are if I want to change realtors during that period

I suggest picking a method that aligns with your risk appetite and time commitment then slowly growing from there.Good luck!

It has existing tenants and paperwork issues (verbal month to month lease), parts of it are distressed and cannot be inhabited right now, etc.Renovation costs would be high, around 800k.