But just a random stab in the dark they want you to overpay IMO 500 extra for the headache of a STR isn’t worth it, plus you’d have to furnish it and pay for all the utilities.  

I have a house that is remodeled and fully furnished.

If you are having trouble with vacancy you may try keeping some of units furnished for short term corporate rentals.

AirBNB obviously incurs the utilities (including internet...maybe cable/security), property management, and hotel/local taxes that I'm still trying to educate myself on...not to mention the upfront/semi-ongoing furnishing.

Something to keep in mind with STR, that's tied to why REI is a smart game to play - control is the name of the game.You want to control the guests and rates (vet them in hopes of avoiding property damage, set rates to attract those willing to pay more for quality)You want to control the costs (furnishings, consumables, cleaning/repair/plumbing/electrical)You want to control the property (choice of property, location, financing terms, well or city water, septic or city sewer, etc)This is all going to be very hard to do, if not impossible, if you don't OWN THE PROPERTY. 

Yes. all of the landlords know. we rent from 4 different landlords.I furnished the first 9 apartments & the furniture is fully paid off.

There are expenses of furnishings, supplies, etc, to reduce that business income though.Thanks!

At a glance, I really like your idea, and it appears that the funkier, the better so keep that in mind when you're looking to furnish.  

This could help in the process of having extra cash to furnish the house and for cosmetic repairs. 

In summary, the upfront furnishing/fixing/getting it ready/constantly updating/managing for 5-star reviews is the biggest lesson and requires CASH AND TIME.