It will definitely be an out-of-state purchase because markets near me are way too expensive - I'd love to hear suggestions on different areas. 

, I’ll file a series formation form with the SOS (not sure which form yet, and apparently it’s suggested but not required?)

Many lender offer similar terms, but finding someone reliable and that you can trust is important to your success.  

If anyone wants to offer advice as to how I should proceed, I'm open.

If anyone wants to offer advice as to how I should proceed, I'm open.

If this sounds like a path you and your husband find promising I suggest making a thorough contract to ensure the security of both parties.

I am a military mom and I offered to see if I could help them out of this unfortunate situation How did you find this deal and how did you negotiate it?

If this agent has been the procuring cause of sale, you are about to submit an offer and you feel confident with this agents representation let that determine if you want the ability to "shop around." 

I've closed 20+ coliving deals as an agent over the past year or so and have offered/UC on dozens more.If you're going to buy a 'turnkey' operation (following info is true for a coliving BRRRR) - the buyer's out there are underwriting the properties to about a 9-10 cap on what the properties can generate conservatively OR are generating.

Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.