Currently working on lease, any recommendations form experience on what to add or not leave out on a furnished home with pool. 

You have more expenses like furnishing that can be depreciated.

The property will require $20K in repairs and furnishings to become viable.

If it is completely empty, you will need to furnish it with as many amenities you can stuff in there.

Next thing you know he'll be cooking....and yes it is hard to remove and lowers the looks and value of the house and neighborhood......Curtains - up to him, you don't buy interior furnishings.....I suspect this guy is being 'nice' to take advantage of you.

It averaged $3,508/mo gross over the 6 month touring season and have renters moving in for the next 6 months at $1,825/mo furnished. 

This San Francisco control freak aspires to do some more investing and value-add development projects when I learn how to delegate more of my rental arbitrage business...In 4 years since I walked away from corporate America, I have built a successful furnished rental arbitrage business with 30+ units from San Francisco to San Jose, both short-term and long-term rentals.

A stabilized 10plex with long term debt and a corporate furnished contract doesn't need to same reserves % as a duplex rehab in a gentrifying area.

Investment Info:Townhouse other investment. 2BR/1.5 BA furnished townhome in Panama City Beach, FL.

If they don't know what they are doing and don't have 203k experience, your 203k process will usually resemble the Cleveland Browns on a Sunday afternoon.