My Dad will be taking out the mortgage and I will be a co-borrower.

Colorado Springs is a profitable Airbnb that has been updated and generates an average of $5500-7500 per month.

If I understand correctly - You want the bill to be split such that you pay up to a certain portion and then remainder sent at the same time pro-rata to the co-living tenants. 

That’s exciting — remote co-hosting can be such a flexible and rewarding business.

No title co will insure with a lis pendens, and no buyer in his right mind will buy.  

I'd be doing more research on if your buddies or co-workers would rent from you and what their expectations are? 

You don’t just need a general admin—you need someone who understands tenant turnover, screening multiple tenants per unit, handling lease coordination, and managing communication between roommates (which can get messy fast).A solid VA for this model should be able to:Screen inquiries and prequalify tenants based on house rules.Manage listings on platforms like Facebook Marketplace, Zillow, and Roomster.Coordinate move-ins/move-outs and track leases for each tenant.Handle maintenance requests and keep an eye on potential conflicts between tenants.Chase rent payments if needed.If you’re thinking about hiring one, I’d focus on VAs with property management or co-living experience—not just someone who has worked in real estate generally.

Title co, realtors, attorney etc, WHY you do not have anything nor need it !

The question now is: Will more states follow Colorado’s lead, or will outdated zoning laws continue to stand in the way?

Quote from @Vincent Pflieger: Hey everyone,I’ll keep this short and would love to hear from investors who have successfully leveraged a HELOC to scale their real estate portfolio for both short-term cash flow and long-term wealth building.I’m about to unlock $200-250K in HELOC from my primary residence (a condo in NYC), and I know there’s a powerful strategy I can implement.My current plan:✅ Acquire a 10-15 unit multifamily in a mid-sized market (AL, TN, OH, etc.), targeting a $700-800K deal with value-add potential.✅ Use 20% from my HELOC for the down payment and finance the rest with hard money.✅ Force appreciation over 6 months, then refinance into a DSCR loan to pay off the HELOC.✅ Rinse and repeat!