You can likely do this with your savings rate (that will likely increase) and age. 

You can actually increase your underground water table, but that is a whole post on how dry areas can make their own water. 

We all know 'housing affordability' is one of the hottest political topics as of late but I'm not seeing any commitments to increase inventory. 

The Highway 64 property presented a great opportunity due to its low acquisition cost and potential for substantial value increase.

Rents , cash flow and appreciation increase over time. 

House hacking is a financial no-brainer, it eliminates you single biggest monthly expense, so you can increase your savings rate.

Ditch the red rug, increase art and add dresser, bedside tables to bedrooms.

During the partnership, you can jointly manage the property, increase its value, negotiate a flexible repayment plan with the seller that allows for larger payments after the property appreciates, ensure a written agreement that clearly specifies repayment terms and timeframes and refinance, and the sellers are able to 1031 at their leisure? 

So the added cashflow to property owners it they are willing to become the developer and increase density that tactic could help more owners stay than could otherwise afford to stay. 

Throw in that you can dramatically increase the value of the property once you show consistent rent rolls much higher than when the space was used for LTR, and you have a big win.