The townhouse we are looking at has a Certificate of No Harassment in place, open violations and a vacate order.

In Michigan, we don't have to treat at all - unless tenant brings in bedbugs or cockroaches.3) Snow removal depends on building layout.

We lived in the country, across the street from Welkinweir.

:I would have a landscaper visit the property..

Purchase price: $110,000 Cash invested: $150,000 This is our first deal as a full family (Parents, sister and brother in law, me).

It would be wise for a buyer to feel confident that the building is in good structural condition, that it has a certificate of occupancy.

I do not think options 1 and 2 are mutually exclusive, in fact I think you should do both. 

most contracts your 5k is your liquidated damages in most contracts. .. so snag that fire the agent and find another buyer if 13k is that important to you.. for sure not worth hiring an attorney for. 

You want to put your effort in for somebody that is going to be reciprocal. 

You could start by reaching out to any local corporations that do assisted living in your area and see what they are looking for (location, space specs, etc).