I'm noticing a lot of homes with foundation issues. 

You can legally change or cancel a contract if all parties agree. 

The only issue is of course it will be expensive to bring a photographer 3-4 times!

Hiring someone to do the work will likely cost too much (I would charge a small fortune, it's an incredible amount of work) and doing things as cheaply as possible will bite you in the *** later when you start having issues with your own shoddy work and/or materials.

Additionally, regarding the legal structure, an LLC seems to be the most suitable option for our situation.

I'd issue a notice of non renewal, do the work that's needed to get the property rent ready and find a solid tenant that will help you get to your goals. 

Yes, I have general expenses that are not attributable to a single property, like legal and accounting and home offices like you mentioned.

You ask about a skip tracing issue because you are not having success with it.

@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.

And using the process buy a new property or properties that you also intend to hold for investment use.The issue for you might be that you purchased this property with the primary intent of selling.