Co-living is seen as a non-financial tool to encourage deeply affordable units, serving as transitional housing along the housing continuum.A study by Gensler and The Pew Charitable Trusts highlighted that adaptive-reuse co-living spaces could offer more affordable housing solutions compared to traditional studio apartments.

but you will have appreciation and equity paydown, but so would any property you buy with financing.  

I would also appreciate any tips/must-knows when looking to purchase triplex/quadplex properties in the phoenix area.Thanks!

This is what you would have to compete with.

Of course you have!

You are investing in real estate with the hopes that your tenant will have a voucher, if that's what you want.

With our new house, we have a large mortgage. 

Well you may have found your new home!

The boards and management teams must consult with FHFA and obtain conservator approval as FHFA directs.

Having a vision of the outcome and overlook the work that must be done to achieve it.