This sounds like a co-host service, not property management.

Then you are not a "manager" rather a Co-Host. 

Would need a CO/smoke detector in bathroom Anyone have experience or code knowledge they could share?

For me 2x the rent with a co-signer might be fine.

The language they have used is that the builder would essentially need to be a “co-borrower”.

I don't think it's that, I think it's a co-op.

Hard money lenders are all a little different, but most will look at:Your real estate experienceLiquid assets (cash that you can get access to within a few days)Credit scoreTaxable incomeThe numbers in the deal you're looking to get a loan forIf you find yourself lacking in any of these areas you can also bring in a co-borrower on the loan to help make up for any gaps.

I doubt that it happened in your case, because if the property was titled under your LLC, and the LLC had a CO address, the title company would treat it as an in-state transaction.

You'll need a co-signer for a loan since you won't have much credit or employment history.

There is probably a way to structure the lease where its basically a co-living situation like you would have done in college.