The best thing we have seen work is to simply tell the potential members that Co-living is not for everyone up front. 

I would recommend speaking with @Denver McClure.

The markets I'm focused on for my next MTR are my local market here in NC as well as Colorado Springs.

I would need to know more specs on the house but with material shortages It's difficult to say how much to budget. 80K-120K for full gut perhaps but unsure with lumber beings so expensive and shortages.I would plan 9 months of vacancy between the pain you will endure pulling permits & having your contractors show up everyday to complete the work & then final inspections to get a CO. 

Here are the common exceptions:Relocation for Work: If your job requires you to move a significant distance from your current property (usually over 50 miles), you may qualify for a second FHA loan near your new workplace.Increase in Family Size: If your household has grown, and your current property no longer meets your family’s needs, you may qualify for a second FHA loan to purchase a larger home.Co-Borrower Separation: If you co-signed on an FHA loan and are no longer living in the property (e.g., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.

Construction has already started, with the first building being completed in 2025.Sources:Foulger Pratt WestEndWestEndInova Alexandria HospitalFirst phase of Landmark Mall redevelopment approved in AlexandriaEisenhower / Carlyle Alexandria: 7.6 Million Square Foot Expansion of the Hoffman Town Center on the Horizon Hoffman Co, the current owners of the Hoffman Town Center on the border of the Carlyle District, have long owned six lots totaling 17 acres in the area that have been vacant to this day, and have long had plans in the works for a revolutionary vision for the Eisenhower East Neighborhood.

My co worker has never received one it's been 7 months since she signed up.

I own and co-host MTR rentals in north Dallas, Texas.I would also add time before an MTR move-in for any fixes.

I've called regional and asked around, for Colorado, they may have to take off all drywall to check the electrical was run correctly.

City  can make you get rid of all tenants and leave it vacant until you put it back as permitted and get a new CO.