I live in the SLC area feel free to shoot me a PM to chat more. 

Be sure to have a detailed discussion with your lender to confirm compliance and explore all available options.Feel free to reach out with additional questions—I’m here to help!

He's absolutely right that using debt to control cash flow is also creating tax free cash for expansion.

I will be going down there in a couple of days, and interested in building/developing/investing, I am a licensed Mexican Architect, I have friends living there as realtors, US investors, and US builders ready to pull the trigger. 

Quote from @Janeen Morris: Hi Jason,I know a lot about co-living, feel free to ask any specific questions.Sounds like you’ve got a solid plan for the building.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

For example, instead of an initial 6-month lease at $1,200/month, and then re-renting it in the summer with a higher rental rate, you could market it as a 16-18 month lease term (again, great suggestion by Tim) at $1,600/month with a "1 Month of Free Rent" special which you could either divide evenly across just the first 4-6 months of the lease, or prorate over the entirety of their lease term.  

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

I am sure someone has worked out the best workflows, triggers, messaging etc....

I would give Prime Tracers a shot, they are pay as you go and you also get 100 free credits on sign up to try them out.