Just make sure that it isn't turned off for an extended amount of time.

I would vote bookshelf, since in long term rentals, typically, you want the least amount of things you will need to fix, as possible.If short term rental, than Murphey bed would be my vote, typically.

To get this amount through a cash-out refinance at 80% LTV, the home value must be at least $453,800 after one year.Based on your report your ARV right after reno is $425,000Add a 8% home appreciation for one year $34,000Estimated Home Value After 1 Year:$459,000Assuming a refinance after 12 months with a property value of $459,000: New Home Value (Post-Appreciation): $459,000 New Mortgage Amount (80% LTV): $367,200 Existing Debt Balance after 12 months: -$360,000 (because you have been paying interest only) Assuming Bank fees on New Mortgage: - $200 Cash Pulled Out: $7,001, allowing you to recover to pay only 7k on your initial investment of $29,790, leaving $ $22,789 in the deal.Many new investors mistakenly believe the BRRRR strategy ends after the cash-out.

Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.

You can buff out scratches with a baking soda paste, a stainless steel scratch remover like Bar Keeper's Friend, or a small amount of toothpaste.

@Brandon Eike  That's a decent amount to put down. 

They were getting a fair amount of leads but most of them honestly were either duds or low end properties. 

Performing notes the investor makes money from the monthly payments at a ROI determined by the payments and the amount paid for the note.  

That's not a trivial amount of money, but it won't leave you on the streets when you're retirement age.You got this!

The appraiser will provide a rent survey and a rental amount that will be used to structure the loan- more on that below.