First, the whole apartment smelled like pot (illegal in Indiana), then we found some of it in two of the rooms, dog pee stains on the carpet, multiple pieces of furniture left in the rooms, trash everywhere, animals in the freezer, full fridge, mold in the bathroom, chewed up internet cords, and holes in the carpet. 

Where will I put my two big screen tv's and my custom furniture? 

Patching up a few scrapes from moving furniture, simple.

Very little furniture, pretty bare bones place on the inside.Does anyone have any experience with a deal like this?

(Worry #6, anyone who actually visited the property would see neatly trimmed grass and plants, snow was shoveled, trash can has recent trash, there are cars with clean windows and obviously used regularly, there are cats in the windows, lights are on, looking through a window shows furniture, etc.

If the Landlord receives a judgment for money against the Tenant, the landlord can use the court process to take the Tenant’s personal goods, furniture, motor vehicles, and bank funds.11.

The furniture and car belonged to the widow that died.  

Furniture, clothing and a lot of personal effects.He claims that he has 30 days to get everything out and that we are obligated to store it for him.

To do a full depth analysis of a property for Airbnb you have to take into consideration: quality of furniture/eventual replacement of furniture, bedsheets/towels, consumables, laundry, cleaning, location of property, high and low seasons, competition in your area, cost of management, what amenities you should offer and eventual upgrades of those amenities...That being said, I do run the BP calculator on my deals to make sure they will work as a long term rental in case I have to resort to plan B.

So if you have an HOA fee, or a management company, or you buy furniture for your rental, or repairs, that can all be deducted so your taxable income won't be the full $100.00, it may be $80.00, bringing down the effective tax rate.