Hard money loan that covered 100% of rehab and 90% of purchase.

One of my applicants showed up with little credit but no defaults, no evictions, and only traffic violations and verified income high enough to cover well over 3 times the rent and I accepted the tenant despite there being some signs.He paid the rent in time for the most part until a few weeks ago when he stopped and I could not get ahold of him.

You don't make a profit till you have covered your costs or banking. 

We have had a pipe burst during the cold winter months, the roof needed to be replaced (thankfully covered by our insurance), and some issues with electrical, which hasn't been majorly updated since it was built in 1973. 

To cover renovations, I secured a $60K hard money loan, allowing me to improve the property without a significant initial investment.

We specialize in investments but can certainly cover all things residential.

Our goal is to provide you with as much information and resources as possible to start investing in some of the best markets throughout the US, and learn how to scale an investment portfolio over time to achieve your financial goals.I know I covered a lot in this somewhat lengthy response, but this is about as short as I can make it to cover many of the details about how our platform works.

You still need some money to cover part of the rehab until you get your first draw, and if you're a brand new investor you might not qualify for 100% LTC on your first deal, but if you can partner with someone with experience on their track record or can prove significant past contractor experience then we might go that high on your first deal. 

But if you have an owner-occupied policy while not actually living there, then you don't have the right insurance and may not be covered.

Great news it looks like you have a ton of equity and I'm guessing the one side covers your expenses.If you want to keep it - I'd probably look at the AHA (section 8) route prior to co-living. 3-4 bedroom vouchers should net you more at the end of the day than the co-living model.