I explain to the potential renter what co-living is even if they have done it before.

I would also note your mention of not wanting liability, but offering to "co-sign".

Aside from the waterfall, alignment for me also comes from the GP co-investing an amount that significantly above what he may get in acquisition fees.

I would like to pass on a little bit of useful information for anybody thinking of converting their permit over to owner-builder. 1 - You will not be able to sell the property for a minimum of 365 days from the date of issuing of the CO. 2 - The property must be for the owner's own use and occupancy and not for sale or lease which means you will not be able to rent it out. 3 - The owner-builder must ensure that all employees working on the project have the required licenses.4 - The owner-builder must provide worker's compensation as required by Florida law.5 - To apply for the owner builder permit, you must physical visit the building department.There are others requirements and conditions, however these are the main items.

Close family passed and I'm now looking at buying a small house/cabin in Colorado to do STR. 

Hi Roland,I manage my own MTR and co-host for others in North Dallas.

Here is a list of Construction, Rehabbing & Generic PM softwares that may be a good solution:Construction, Remodeling & House Flipping Specific PM Softwares BuilderTrend/Co-Construct - Home building project management software specifically built for custom home builders.

It just has to do with how each platform markets themselves and what kinds of guests come through.I am an investor and co-host in Dallas, Texas and that's generally the posting rules I go by.

", this is the first time I hear about PadSplit and saw that they are here in BP.https://www.biggerpockets.com/co/padsplitI'm curious to know how that works and if this is a deal breaker for me?

I invest and co-host in Dallas, TX using the MTR strategy.