Old skool in the Detroit.The perk is the lay out of the ingress and egress  plus the fact it has above ground  hoist and lot space to sell cars. 

like your intuition suggests, don't underestimate the quality of location/tenant profile.

And although I am hardworking, intelligent, creative, thorough and intuitively perceptive , I am (temporarily ) unsophisticated with this business, and I'm putting in too much trust in someone I really don't know.  

There is a local 8 unit (two separate buildings, I am not sure of the exact layout yet) 7 are 1 bed 1 bath and the last is a 2 bed 1 bath unit.

Plus, I have no emotional attachment to the home (I don't really like the layout or anything), I'm single, so there's nothing really tying me to it.But...

Also (depending on your layout) we have stolen room from the inside of a garage to do the same

Show that you can consolidate the needed information and lay out a good plan. :)

Show me the layout of the house and for sure tell me what is load bearing and I may change my mind.

Im going throught my design program trying to think of layouts.

Lastly, your lease should also layout the cost of the fee for a bounced check or in your case law fees for non payment....