[ivankirigin]

I'd open up an apartment or office as a coworking space, rather than for living. You can fit a lot more people, and you might be able to get more money from renting desks than resting a whole place.

That seems like better legal territory too, as there are a ridiculous number of regulations about renting.

For example, someone can just say that a stove doesn't work, and they won't pay rent until you fix it. The stove actually doesn't need to be broken to either make the claim or get a pro-bono lawyer to back it up. You also can't forcibly evict people easily. Generally, the worst case scenario for a residential rental property is far worse than a coworking space.

Buy a studio in SF or Palo Alto, buy an espresso machine & bike rack, and find some good hackers to try it out.