We furnished the space and left it as a furnished rental to get above market for our rental rate.

We furnished the basement and rented it through Airbnb - the income fully covered our mortgage and utilities!

The house has a walk-out basement with 1 bed 1 bath and a full living area.We furnished the basement and rented it through Airbnb - the income fully covered our mortgage and utilities!

I think it was roughly about $4,000 a month net.I could buy a property and furnish it for an Airbnb, but the second part would take away from any “cushion” money so I’m not interested in owning an Airbnb at this time.I would like to to turn my second investment property into an Airbnb eventually though.What are good Phoenix locations for an Airbnb?  

It may say something like stays over 30 days, which would give you the option to do monthly furnished rentals.

All that said, I want this place to be furnished and decorated.The thing that bothers me is the step down from the kitchenette.

My reasoning for this is reduced cost of having to furnish it upfront, more passive income for me for now, and lenders will be much more favorable to refinancing it with a long term lease in place + with this arrangement I could ask a premium for rent.

There are four lovely furnished guest rooms with in room/en suite bathrooms.

As these are furnished AirBnb rentals, you won't be furnishing yourself, and is more like a timeshare if you were to use it, unless getting it just for the rental income.

She had pictures posing with many Presidents, Governors, Senators, and media stars, nice antique furnishings, and plenty of money.