My current understanding is that the big thing is we will have to furnish closing documents?

Could also use Airbnb to rent furnished units to traveling nurses.Property is in good neighborhood of quaint town. 

You'll need to sign a lease and furnish it yourself. 

Furnishings for new property

You have to not only maintain the property but furnish the property too.

We’re packing up most of our clothing and valuables, but leaving the place furnished along with kitchen/cooking equipment. 

I agree with what @Ray Loveless said, it sounds like you are looking at a wholesale setup, or something that closely resembles it.

@Mitch ReaumeThe policy will not cover household furnishings, the renter's own insurance will cover that.

Fully furnished and utilities included.

The seller was selling it as a three unit, but when we did the due diligence for our buyer we found the zoning issue and re-priced the offer.Assuming that it is ok zoning wise it may be hard to use the same units for college and vacation units unless you store the furnishings during the school year as the college students would most likely wear out the furnishings.Good Luck