Financial Management: Property managers provide detailed financial reports, handle rent collection, and manage operating expenses.

Quote from @Dennis McNeely:Ask the judge - point blank and on the record during a court hearing - to take action.

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

I recommend learning a bit on how to read the financials, but find yourself a great Accountant to help you analyze the financials and tax returns to make sure things make sense and are proper. 

I would make sure you’re able to analyze deals, know market rents for similar properties (and see what you can do to outperform), and understand the costs of the deal from the financial side.

I am concerned that the closing statement would not record the actual price I am paying for the property.

Just be sure to thoroughly vet the operator’s track record and the deal structure.

However, those few who are financially saavy and have integrity and grit I believe will benefit from it until they are able to have enough experience to go off and do their own thing, charge less fees and be able to have more repeat business while keeping a much higher ROI themselves.And NO, i've never been in this program, been around much longer than he even thought of this revenue stream. 

As long as there wasn't a lien recorded on the physical title itself then there wasn't an issue. 

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?