I suggest setting up a partnership agreement that outlines the financial contributions that each party will make and the distributions each partner will receive.

We can lend up to 100% of cost but LTV must be 75% or less.

#McCormickI have some Youtube videos (link in my profile) that will help with some of your questions and I'd be happy to have a call to help walk you through the market and what you should consider when looking here.

He claimed that the reason it was so high is because the insurance industry doesn't have "mid-term" insurance, so they use short term insurance policies.

Is the backup to use it as an STR during these months?

If the cosigner is not contributing funds but is just helping secure the loan, whats a fair way to compensate them?

This avoids the headache of eviction and wraps things up cleanly.If things escalate before their lease is up—like the music gets worse or complaints keep piling up—you could consider eviction.

I signed up with Jason Yarusi.

We lined up the door, marked it.

All though I am inactive but one can pop on NMLS and find me  :)  And like I said I have been paid off by Cogo itself so i know they do pull some loans through the knot hole..