I am also out of state and he is local.We likely will be buying off the MLS and trying to identify something below market value and negotiate a deal.He will manage any cosmetic rehabs, furnishing and then ongoing management of the listing. 

(And no, he isn't supplying his own paint, I already ran that by him just to make sure that wasn't his methodology).By the way, he mentioned the "new" CSLB  limit is $600/materials+labor but when asked for a reference to that, did not furnish anything and I can't find any info online as to that.

Has anyone offered furnished rentals for college students?

It also doesn't take into account costs, headache factor, management, furnishings, etc... 

By "partial" I mean renovating the kitchen and bathroom, painting the place, re-tiling the floor and maybe adding some smaller features that can make a difference to prospective buyers, such as new A/C units, new internal doors, or maybe even sell the place furnished (home staging is not really an option here); with no or minimal demolition, and hopefully without electricity or plumbing issues.

(https://www.biggerpockets.com/forums/925/topics/1135455-nich...Basically he does a fully-furnished high end MTR.

In the Tampa market the best located, best furnished, "coolest" units are doing great, average are sort of breaking even, and subpar are withering on the vine.Curious if that is the norm in most markets.

Whatever you land on, make sure you save enough capital for furnishings and improvements. 

S&P 500 beats RE by double.S&P 500 = $900,000Real Estate = $460,000However, these units are good for someone who wants to dip into real estate while using their unit any time they want with the aforementioned owner perks but without the hassle that ownership brings like maintenance, roof, bad tenants, furnishings, bill payments like SDG&E, internet etc.

They can't furnish it and make decisions for you unless you want to end up at the bottom of the algorithm.