@Jerrell Sweeting   I know in NJ this was the difference between eviction(tenant) and ejection (just a " guest, no money agreement) of a person.   

A healthy RE investment team includes an efficient and excellent mortgage loan originator.Being dual licensed as a mortgage broker since 2003 has enabled me to identify, align and collaborate with lenders that make a meaningful difference in the investment results of clients and their portfolios. 

I have a different take on credit reports.

Can anyone recommend an insurance company for homeowners insurance.

The benefits and expectations for the two of you are radically different w.r.t. this property.  

People buy investment properties for all types of different reasons in all different types of areas that all have pros and cons. 

Make sure the $400-$500/month cash flow is enough to cover unexpected costs.It wouldn't hurt to look for other refi options or consider a different loan option, which might offer better terms.

FIRST: This is ALL dependent upon your state and local statutes, so make sure you know what you are permitted and not permitted to do in your market with regards to terminating a lease.And your post is written by someone different about once a week here on BP.  

Fortunately, all three inspectors (from different departments) were very supportive and one inspector even stated they will not return, even if another complaint is filed.I want to offer a cash-for-keys option, but since the tenant's attorney is from a nonprofit, I feel she will fight for her tenant to stay.

Do you intend to manage the assisted  living yourself, do you intend to hire management, or do you intend to master lease to an established assisted living management company?