You've clearly been giving a lot of careful thought on how to proceed with investing, and are trying to determine what might be the best option(s) for you.

I am determined to keep this deal together. 

Ideally, you would work with your tax advisor to determine (1) if you are a real estate professional and (2) if you materially participate in the rental real estate activity which you referred to in your OP.

I am trying to determine how much income I will be able to show from my property to see how much my DTI is, to get an idea of how much I qualify for.

If a property that has been registered and determined to be in violation of the judicial order regarding short-term vacation rental prohibition, the registration will be revoked by the City of Henderson.

@Christopher Godfrey I think it may determine what the lease says.

Determine the ARV, the rehab cost, and your fixed costs.Use those numbers to determine your max purchase price.Make your offer.

When I bought, I considered the possibility of the base closing down and the town becoming a ghost town but determined it wasn’t likely based on the mission.

If they do not fulfill the terms of the lease or the business fails you have a lease with X number of months at a specific rental rate that they are responsible to pay.If you want to participate in helping them convert your property first you must determine home much you are willing to spend.

Figure out the actual PITI and comparable rents to determine your actual cash flow.