SFH Co-Living Questions

[Ryan Badowski]

What's up team! I am seeking applicable first steps as to how to turn my primary residence SFH into a Co-living space. I will be moving out of the house to provide me my first investment property

Questions I have before pulling the trigger and doing this are:

How do I first go about setting this up? Do I simply contact a property management company to help me prep the house and get it ready to open to market?

Who is the team member to help me draw up a lease agreement? Is this something property management companies offer or is this a whole different team memeber altogether?

My residence does have an HOA and allows for rentals, but not sure if multiple tenants per household will fly? It does for city, but not sure on HOA.. would you email them and find out? Can I look this up? Or would you roll the dice all together and ask for forgiveness later?

For Co living investors, are you creating these within an LLC for tax benefits, and if so, how? Ive heard a few comments in some recent BP podcasts about how it's hard for an llc to obtain a loan for a SFH? Are all co living investors taking on the personal liability risk unless they can buy the home outright or use private money? Curious as to how i can llc to protect myself and receive the tax benefits, while also being able to obtain loans.

Thanks so much in advance here. First post as I salivate for financial freedom.