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Updated about 4 years ago,
Co-Living Laws in Denver
The amazing Lia Martinez did a presentation for Denver Women Invest about this. Here are the highlights:
Pros
- One of the best ways to get the highest rent
- Better for the environment (more people sharing one space v. multiple spaces)
- Better for the individual (cheaper rent, sense of community)
- Adds portfolio diversification
Cons
- Requires more people management
- Higher upfront costs (downpayment for a larger house and furnishing it)
- Neighbors may push back
- Regulatory hurdles