We are all in business and in that space building your investor base or client base is job number 1.

Generally:Minimum size: Most jurisdictions consider a minimum of 70 square feet of floor space.

Knowing this space well is important imo.  

The equity pay down in many RE classes (residential, storage, hotel/motel, office space, industrial, etc) ispaidby the tenant.- there are ways to never pay tax on gains (1031, owe until death, etc)- cost segregation can in effect have RE acquired at no cost- sweat equity can produce additional return.  

Nothing in the STR space is one size fits all, but the ideas can help others see the potential in their property. 

I’m in the private lending space, so if you ever want to chat about financing options or need a second opinion on a deal, I’m happy to connect.

There are multiple big properties here that you could rent out or even buying multifamily here would give you your own space and give you some landlord experience without having to live with your tenants. 

It's also unlikely that you can convert a single-family home into a community center (not sure if you mean an actual community center or co-living space).

The top unit and rest of the townhouse is completely unliveable without renovation, the only liveable spaces are the two studio apartments that the tenants live in.

That's why I posted, to provide people with real advice based on my experiences so they can avoid making the same mistakes.Providing greater buffer space for capital expenditures and controls is a good risk management strategy.