That does not include all other fee, keep in mind that STR property managers deal with the high turnover, maintenance, repairs, cleaning, dealing with all the furniture, appliances, services like cable, internet,  and all other amenities including pools if you have one. let me know if you need a referral to a STR property manager or if you have any other questions.  

To me over leveraged means you have big car notes  your CC are close to or are maxed out and your only making minimum payments you go buy furniture and you finance it.. you buy real estate with the least amount possible down at market prices.And your cash reserves would only last you a few months to service all the debt.So no retail debt pay cash for anything you consume or use  OTHER Than a vehicle and decent amount of TRUE equity in your real estate no FO equity IE refi appraisal but you know the home would never ever sell for that on the open market. bascially follow Dave Ramsy and @Steve Vaughan  over the years on BP has written some really good comments on how to build an empire while balancing family life and fiscal safety..  

He's asking me to compensate him for the cost of a couple of furniture pieces.

Ft.Total price $600K @5% downOnly appliances included, no furniture included. 2 floors, with 2 Beds on main level and master on 2nd level.

They can act as your boots on the ground and check on the property when they’re cleaning and tell you when you’re running low on supplies, furniture is broken, etc.

If you build a business and have multiple houses to stage you might consider buying your own furniture and moving it from house to house. 

Building furniture in the detached garage and short-term rentals.

But if you don’t have anything and aren’t planning on shooting in general, a single point and shoot might be better for someone that only wants a cam for real estate rather than a bulky cam and swapping lens for a minimal difference in price. 

We plan to upgrade in a year or two or finance it.Basement$25,000Basement furniture$5,000Upstairs furniture$10,000Won't be necessary until we move out and rent the top unitHolding costs$7,650Might not be necessary but if we need to continue renting for 3 mo during renovations.Total renovation cost$160,250I'm happy to provide more details if anyone is interested (I'm a numbers guy). 

Would just need furniture.