Painting the inside of the home while it is occupied can be a challenge as it requires moving a lot of the furniture and turning your tenant's live upside down for a few days.

Who pays for housing while they are painting etc. and is the cost of storing our furniture on us? 

Who pays for housing while they are painting etc. and is the cost of storing our furniture on us? 

Assembling furniture is very time consuming.

Here's the skinny.After 80K in renovations and 25K in furniture cost, we project to bring in $8300 a month in gross rents

Not to mention the normal repairs of owning a house, the furniture to go with it etc. 

In a high grade asset the tenant pays last month and a small cleaning fee can be deducted or other small reimbursable costs vs they destroyed the entire interior paint job, left  all there furniture as well and the place needs a deep clean along with not paying last month. 

I will not enjoy taking down all that furniture i just put together...

Our home was put on the market for $629k and before we made it to open house we had 2 private showings and multiple offers came in and we agreed on the best offer of $640k and a flexible closing (because we’d be rehabbing the new home).The rehab went over budget and longer than expected and while we did agree to a flexible closing, (we did extend 3 extra weeks) we could not afford to hold 2 mortgages much longer so decided we had move out.Moving day came and we moved out of our home and some furniture went into the finished rooms and the rest went into a POD.Where did we go?

However, I've seen loans pulled at the last minute when the bank found out one of the borrowers had lost their job, or the couple went out and bought a household of furniture on credit before closing, things like that.