If you are taking people only 1-6 months you should read up the 30 day stay here and go on Furnished finder website as well as know your state laws.

I love this option, because you can leverage low down payment, get benefits of real estate, learn a lot of valuable RE skills, and can maximize your income with a furnished rental.As a SFH, you could potentially rent out rooms or an additional space out as MTR/STR, but there is potentially less privacy.

Is your unit being rented as a furnished unit?

The cost and work to furnish, decorate, and outfit a unit with the necessities to be used as an STR would only make sense if you think this flip is in serious trouble and likely won't sell for quite a long time.

This entails furnishing bank statements reflecting ample cash reserves to cover the property purchase and potential rehabilitation costs to get the project started.

Hi everyone:My husband and I are in the process of furnishing our transforming our second home in the White Mountains (Thornton, NH) into a STR.  

I would look into furnished finder and rent to a travel nurse. 

We lost out on the opportunity cost of having tied up our money in exchange for no price advantage.Another member has had his face handed to him on furnishing costs on 3 separate properties.Also, when boasting about gains, Ronan takes the original cost of the cheapest unit at the time of purchase, and compares it to the current value of the most expensive, and claims it as the capital gain.

What about furnished "mid-term"? 

I did a post on it a while back so do a search if you are interested.The furnishings would have to be negotiated.