One thing that we are looking to incorporate is to be able to give a portion of our percentage of the profit to a charity.

You can be socially responsible without turning your for profit business into a charity. 8.

Another option to consider depending on where the property is located you might be able to donate it to the city to turn into a small park, or a charity, or an urban farming organization. 

A little backstory, I bought the house in June and in November my property manager finally found a tenant through a charity that helps homeless people find homes.

I was thinking the same thing - If I wanted to give $150,000 to a good cause, I would find the best cause I supported and give it to them, rather than taking a lower sale price.Of course, donating directly to a charity gets you a nice tax break ;)

This is a Business not a charity.

Unless they are willing to step up and pay for the month of June.You are searching well in advance of when the unit is available making it inconceivable that a landlord would even consider this applicant as qualified.You are operating a business not a charity and need to always keep that in mind.

Side note-- don't ever do a charity where they guarantee the rent for a year, learned the lesson the hard (and expensive!)

You really can't Ben - now that doesn't mean go out and be an ahole about it, there are many other ways....but to keep the rent artificially low does both the tenant and landlord a huge disservice.You are running a business not a charity.

The loan type is an owner choice (lower rate versus higher risk), but should have zero impact on the rent.Managing properties should be done like a business and not a charity.