I've sent you a connection request to learn more about your journey as I'm looking to do a similar venture. 

@Andrew MaturanaTo gain a competitive edge in the hospitality industry, explore creative ventures, Triple Net investments, house hacking, syndications, joint ventures, and leverage business acumen, networking, and resources.Good Luck!

What steps, resources, or preparations would be essential to make this a successful venture?

Best do Joint venture with an experienced investor and then slowly get independent is a good approach

A bootcamp is how we came into the mix.I'm also a real estate agent, and investor that left their W2 in March to pursue real estate ventures full time.  

Because first and foremost it requires you getting INVOLVED, putting in some rep's, and if you won't get involved and won't put in the rep's you will never, I repeat you will NEVER succeed in investment real estate or any business venture EVER, full-stop. 

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?

Best of luck with your investing ventures.

There are NO institutional investors that will jump on this kind of deal, but you can maybe find a private lender or do a Joint Venture (equity split?).

I've just finished my fourth house and am now venturing into short-term and long-term rentals.