I don't have anyone else in my household other than us so no idea, but I've never been asked the question either.

After a rough first year where I lost money for 8 months followed by another 4 months of learning how to self manage remotely, I had a great 13th-25th months where we have kept the placed booked, kept it profitable, and largely reinvested into the property.Here is the question though-  to buy the first property, my wife and I used a HELOC on our primary and used that for the downpayment on a new property,  for the furniture, appliances, etc, and all of the other little costs that go into getting going.  

But it's a 3/2 and I think I could rent it for $1000-1200, has a lot of NEW things already in it (AC/heating, kitchen cabinets, appliances, flooring) but bedrooms need to be finished remodeling. 

He calles them "poor people" "economically disadvantaged" He threatened to evict them if they don't rent his appliances like used ceiling fans.

I have mine really nicely furnished with good quality furniture and high end finishes (quartz, stainless steel appliances). 

There are various other items that may come up such as: Proper firewall suppression, adequate entrances/exits for fire safety, stair safety, size of kitchen appliances, etc... for my specific example. 

Winter doesn't bring too much extra cost as long as the home doesn't have outdated appliances and has sufficient insulation.

There is no shower and the appliances were trash.

We redo the kitchen with granite or quartz, stainless steel appliances and new floors if needed. 

but say in year 2 your tenant moves out and it needs new appliances and new paint.