Leadership is not a "wait and see" proposition.

It's an entirely different proposition to go into a warzone and find the *worst* group of units in the warzone and hope that by helping that property you'll help the area.  

In RE a strategy like that should be a win/win proposition.  

.- I do not live in the area and have been considering selling the property, which makes putting the money into the property an unattractive proposition since I'd have to hold onto it longer and see out another lease just to break even on these repairs.- My RE Agent tells me that if I were to just sell the property "As-Is" once the current tenants move out (without installing the HVAC or making other repairs), that the property is likely a tear-down for a potential developer, and that he would put it on the market for $70K-$80K.

@Rob Bianco Investing OOS can certainly be a scary proposition at first. 

I'm pro-401(k), but it's not an "either/or" proposition for me as you stated in your post.  

Also, joining the local REI club and Realtor association to network.As with any business, you must play up your Unique Selling Proposition (USP).  

Does that seem like a reasonable proposition?

In overview, some of the attractive propositions of the Coliving model to tenants are flexibility, convenience, community and affordability. 

Yes, the penalties can be bought down, but that is a very expensive proposition.