I think furnished co-living/pad split would be a combination of both.I have the students find their roommates as I do not want to be in the “roommate finding “ business and I don’t have any house rules as they rent it as a group.

@Barrington Smith I'm busy with a 1965 full house remodel in VA.

Once the property passes inspection you submit your lease and the Section 8 agreement and you are in business offering government housing. 

Most areas now have shortages of units available because many landlords have exited the business or won't rent due to bad government policy manifested by the moratoriums.

This venture was not just a business endeavor; it was a commitment to community and an expression of my values.

Like any active investment/business evaluating the business environment is part of the CONTROL we have!

@Jesse Rodriguez- Do you own the property in an LLC or other business entity? 

Maybe it's possible to do it with some combination of a trailer park business model crossed with a new construction suburban development model.Like, have a few "spaces" for rent nightly/weekly/monthly for tinyhouses on trailers, and a few lots for sale/rent to permanent residents.

The loan will be in your business name and won't be reported to credit agencies, which is huge.

The tax treatment of your land sales would typically be determined based on when each parcel was sold and whether they were held for investment or business purposes.