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Updated over 3 years ago,
Short-term furnished leases?
I've noticed that in my area there are very few furnished apartments for rent. Since I recently purchased a very nice condominium in a great neighborhood that I will only use for 6-8 months, I am exploring renting it furnished for terms of 3,6, 9 or 12 months. I would be including everything that a small family, couple or single person needs, such as linens, kitchen gadgets, utensils, etc.
I have around $10,000 invested in all the furnishings and believe that I can get an extra $400/month. I cannot rent via Airbnb, because the HOA does not allow it.
What are your thoughs?