Do lenders or appraisers treat properties with coliving setups differently?

No one should be treated badly. 

Its treated me well all these years..

So if you want to live off the grid in the middle of the desert and have a parachute to get there, not a bad deal in some cases.   

That being said, if this is a Heloc for an investment property and not your primary residence, most banks and CU's treat these as commercial LoCs, so the rate is likely be 9-12%.

You can buy cash and then use delayed financing within six months to get a loan that is treated as purchase financing.

Purchase price: $160,000 Cash invested: $30,000 Took this home from bad to glam in 1.5 months for a healthy profit.

I'd love to treat you to coffee and hear more about your project and experiences!

Because significantly less than 100% of your investment actually goes into purchasing or improving the property, and the property is purchased at retail value (or worse), your returns will badly lag any benchmark of direct property investment.  2.

I had a pretty successful career doing that and made good money but, it was not my passion, I love real estate and everything about it the good and the bad.