I've noticed many investors initially write their contracts under an LLC, only to later amend the contract to their personal name to secure better financing options.

If you want another layer of protection get an umbrella policy.You don't want to trigger the due on sale clause for a likely low interest mortgage.Also if you aren't operating your LLC 100% you likely only have a false sense of security. 

Just ensure that the projected rental income comfortably covers the new payments, including the HELOC.

For those who have ventured into Co-Living, what strategies have you found most effective in ensuring both financial success and a strong sense of community?

We require first and last month's rent and security deposit prior to move in.

If this was overlooked, consider seeking a second opinion to ensure no missed opportunities.This post does not create a CPA-Client relationship.

With really bad credit I do require (in addition to first month and security deposit) 1/2 to a full last month's rent and/or a good honestrenter.com score.

I would really encourage you to talk to your CPA to ensure you meet material participation tests and are adequately documented.

I have an REO broker with over 15 years experience to help guide you through the process if you have not done it before.I'll work with you on ensuring everything the Am's are lookimng for is addressed in your resume.If I do not get you listings it does not cost you anything.

Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.