I was wondering if anyone has done this before and can offer any advice on how to get started.

I encourage anyone reading this and thinking about co-living to pay attention to this part very carefully.

The previous owner took exceedingly good care of the building and there was nothing that need to be done except to raise the rents.

With careful planning, you can develop a portfolio that consistently outpaces inflation and helps secure your financial future.I hope this helps.

And who is taking care of the landscaping/snow removal? 

I am foreseeing a bit of a push back or even turned-off potentially decent tenants by the $50/pp screening fee, mostly for a family of 4 ($200 out of pocket).I was wondering if offering a credit of either 50% or the full 100% of the screening costs from the first or second month's rent is a good idea.Thought?

You have to be careful here.

I don’t care. 

I don't know if you are referencing our 4.7 star rating on Google or 4.8 on BP or our 74 NPS rating over the ~1,200 loans we closed last year, but our customers are pretty clear, Loanbidz customers are very well taken care of. 

Then there are the challenges with Section 8 tenants paying utilities and taking care of their rental property.