Let me know if you plan to make it so I can let the owner know and he can make sure they are properly prepared.

That document they provided, with all the colored font, was a mess to wade through.

But it's also true that this had been open space provided to the community for the better part of a century and now it was fenced off with not even a path or sidewalks around most of the perimeter. 5.

Some level of protection will almost certainly be provided as opposed to some sort of outright ban.  

I'm considering partnering with a non-profit that would manage the sober-living program; with me just providing the house passively for rent on a per bed basis. 

Quote from @Roger D Jones: SamEveryone here is providing great points to consider and if you were my son I would say that at 360k this 'dog needs to get put down'. 

It is also helpful because we are Realtors and real estate investors and it provides a cushion for months that are leaner than others.

Note I have no affiliation with them except I use them and they have provided me a great VA.

Experienced managers can help evaluate potential investments by providing insights on rental demand, market rents, tenant preferences, and location-specific factors that affect leasing success.For example, rental properties need to be close to conveniences like major roads, shopping, and schools.

They provide all the solutions one could ask.