This tenant will likely  cause you more financial burden down the line, so I also agree to evict. 

It's a good idea to connect with a realtor in the area where you would like to purchase.

I like the market because of stable employment from hospitals and universities.

I was wondering if anyone has any experience developing or owning something like this.

You CAN limit that agreement to a specific property; but, as others have stated, agents are looking for a certain amount of loyalty from their clients.If an agent gets vibes from a prospective client that indicates that they want to cheapskate and not pay a professional for their service, they are not likely to waste their time with them.

The property is likely a little too expensive for me to qualify for with a conventional loan based on DTI.

Here’s how the ATI Exemption would be calculated:ATI Market Value (purchase price): $1,000,000Previous taxable value: $700,00025% reduction (ATI Exemption): $750,000New taxable value: $750,000Without the exemption, your property would likely be taxed at the full $1,000,000 value.

Quote from @Stuart Udis: Good luck, wholesalers are the least likely to follow do not call list/related legislation.

If you're willing to travel and hour and a half and be hands on then you'll most likely accrue more equity in your deal when you have a successful renovation but you're trading your time.

That way, they feel locked in while waiting for the rule to clear.Just communicate—if they really want the house, they’ll likely wait rather than start over.Good luck closing the deal!