HI, I own a part share of a nice recently renovated house in North London, with other members of my family owning the rest, left to me in my fathers estate, with probate granted in 1999, as a tenant in common.

Meaning that the owner of the property will have a property and license to rent out these 8 units individually per day or months. 

My wife and I are in the Atlanta area in search of our third rental property and we are super excited about the idea of starting a co-living strategy.

You understand some of the basic concepts, but also have some giant holes in your plan.

In my experience that's not actually the case at least in legitimate evictions for non-payment of rent or breach of another part of the lease.  

I think the real estate professional strategy works if it is your primary source of income.   

That’s your home mortgage interest as well as property tax and insurance for 2nd half of the year.

While someone may say try and get it owner financed etc for less, do not do this.I would also expect to take a lot of lumps along the way.

This should be 3-5 quotes for you to get an idea of the true number for fixing it. 

The park is located in the state of Kentucky.