100+ hour/week team aided by Al:

1. Al powered engagement: new chatbot we will engage and vet 24/7

2. More advanced pricing will both maximize rent and maximize tenant interest

3. Enhance HomeRoom checkout software
   Improve lead conversion percentage and increase occupancy

4. New approach unlocking additional lead flow on key platform

Short term increase in fees offset by long-term growth

Challenge

• Quality tenants drive coliving investment performance, but ...

• Rental market is increasingly crowded with more options making it more difficult to, find and acquire quality tenants

Initiative

• Lease-up fees to support new tenant acquisition (marketing, screening, closing, etc.)