Commercial agents have additional incentives to do "pocket listings" in order to increase the likelihood of avoiding a co-op commission.

I'm also thinking about looking to co-share the ownership.  

Do check ins every 6 months-check the furnace filter and batteries in the smoke detectors/CO detectors to make sure they are working. 

Sure, but they are the minority and those who fall under this category will find a way to name the individual as a co-defendant irrespective of whether there is merit or a separate management LLC.

The housing authority is a bit like a co-signer for the lease so they would just decline to sign on grounds of an unqualified property and the lease would never execute.  

Check out The Host Co

I personally am located and invest in the Colorado Springs metro area and would advise that you may not find many BRRRR opportunities on-market and will have to do some work to find these deals off-market. 

@Jacob ZivanovichPartnering with someone who can co-sign your loan can be a great way to get started with your house hack, provided the partnership is equitable and well-structured.

You also are relying on appreciation if you want to do a C/O refinance, potentially limiting how much cash you can get out.

It's a larger home and a big project in Colorado.