It’s often sold as an alternative to larger security deposits or co-signers for people with bad credit bad rental history.

I don't think they are married, but refer to themselves as "partners", and appear to have been co-habitating prior and during grad school. 

And now that the money is loaned out you pay interest higher than the income you would receive on that amount from the insurance co.

Andrew LewisLewis & Co.

I'm a new investor (2019) with 2 properties (1 SFH solely owned and 1 apartment building, co-owned with family) in the Bay Area.

AS for structure and if you guys come to terms.. its simple for you siblings to simply be co beneficiaries of the note and mortgage.. 

I'm finally looking to get out of analysis paralysis and pull the trigger on my REI journey and i want to start out as a co-host on AirBNB to learn the ropes from someone more experienced, learn enough to where I feel comfortable to host my own and earn a few dollars in the process.The only issue I have is that I have no experience as a co-host and per AirBNB's standard, i currently do not qualify as a Co-Host.

If you pursue co-living properties, I would still highly encourage you to analyze the deal as an LTR as a backup strategy in case things go sideways.

I am a 25 year Real Estate agent in SoCal (mostly residential however venturing more into commercial; and getting back into investing in other states as well, which will be my next post) I have tried quite a few lead services and while some may do better in other areas of the country , most seem to a flop in this area, of those tried HouseJet, Reaology, USHud and Realty Bargains( Realty Bargains was the best however they kept sending me mostly investors who's matrix would not pencil in the areas I serve)  I am doing my best to figure out social marketing, my views/impressions are good however that has not turned into transactions as of yet; So I am on the hunt for a 3rd party lead co with quality Seller leads.

I can connect you with some contacts as I live in Colorado as well.Thank you.