5-unit property with potential to convert to 6 units plus an ADU in the backyard. Currently configured with 3 private suites and 2 bedrooms, with strong potential to add a third interior bedroom. Strategy: Cashflow immediately from the three existing suites while renovating the interior units. Renovate suite-by-suite as tenants move out to minimize vacancy and maintain income during improvements. Current tenants are on handshake leases, giving flexibility to raise rents and add formal leases, turn units during renovations, or continue collecting the current rents. Current rents: $750 per suite Projected rents after renovation: $1,100 per suite $850 per interior bedroom Strong value-add opportunity to increase unit count and significantly boost cashflow. Seller financing available. Reach out if you’d like more information, rent details, or to schedule a walkthrough.

Use this space to ask questions, share concerns, and discuss anything related to your co-living property. Be clear. Include numbers when relevant. Provide context so others can give useful feedback.

Thank you for the Rule Templates in the classroom. Very clean and easy to understand!

Just finished the classroom modules. Awesome information. Looking forward to the additional content.

If you’re here for the free guide, go over to Classroom and click “Free Co-Living Guide For Beginners”. Stick around for a community of coliving operators with knowledge and expertise. Welcome to the Co-Living School! This school will break down the small but critical details that go into building and operating high-performance co-living properties. We'll cover real problems we face in our own portfolio, how we underwrite decisions, practical solutions, and the systems we use to make properties more passive. This is a collaborative movement toward the modern rental model. By gathering real-world challenges from a growing community of co-living operators and tenants, we identify patterns, solve issues faster, and build repeatable systems you can apply to your own businesses. We learned about this platform today and plan to build it out to be a great resource for you so join today to get free early access before we reshape the modern day rental 👊🏻