You may come across pushback with having co-gendered units so as you grow I would suggest leaving room to have unit(s) that are male and female only for those who are more comfortable with living with others from the same gender. 

Other Suggestions: Are there alternative strategies I haven’t thought of that would allow us to move legally and responsibly under the current circumstances?

You should have ran this question as Anderson Business Advisors was suggesting this set-up.The set-up is also difficult to understand that you likely have to engage your attorney everyyear with questions that you have where they would be billing you.I like the slogan regarding keeping it simple.

I am afraid we will fall for a property with a false sense of a good deal.Are there any suggestions to help me run an analysis that would better account for the larger down payment and allow me to better analyze potential properties in the future.

I will check those area out.I did lose the novelty on Airbnb’s after also checking out Myrtle beach as a suggestion and went straight to looking at apartment buildings.maybe I’ll come back full circle in the future.

HI @Jacob KazmierskiI would suggest saving a certian % you fee comfortable with and then put the rest into a high yield savings account.

Suggest you find on your own and have a licensed realtor to represent you. 

I would potnetially even suggest they pay a big more than value if they are getting that good of a payment/rate.

Any suggestions will be helpful.

I'd suggest avoiding co-ops if you want the option to rent it out later.