Maybe there's a need for furnished rentals above anything the students need.

I don't do STR, but do furnished monthly stays e.g.

The great thing is it’s turn key, already set up as a STR and owner will pass over current listings, and it comes completely furnished!

Its fast and easy.I have just listed a mid term rental on Furnished Finder.

Original Purchase Price$305,000Down Payment$28,793Closing Costs$11,527Rehab Costs$80,500Mortgage Costs$30,056Utilities$1,275Taxes$2,729Insurance$1,251STR Furnishing$10,142Total Costs$125,953LTR Income$7,000Net STR Income$21,234Total Income$28,234Total Capital Invested$109,246Appraised Value$540,000Loan LTV%70%Loan Amount$378,000Mortgage Balance$325,148Closing Costs$9,805Cash out$43,047Net Capital Invested$66,199Starting Equity$133,207Value Created: $67,008Hours Worked: 595Hourly Wage: $113I was only able to refi at 70% LTV, so I left $66k in the deal.

@Jacob Munson Make sure you include costs to furnish the place, kitchen stuff, linens, supplies, nice looking decorations etcI'd be curious what others have spent but my guess for a 3 bedroom house with a pool is between 30-40K from bare house to ready to rent.

We are looking to lease our fully furnished town home to travel nurses.

You'll have to use cash or some sort of private money to build, furnish, etc.

I am kind of the investor friendly agent for KY and actually specialize in the furnished rentals.

Explain that you're investing in the property with furnishings, etc.