So I’m in the process of setting up my first fully furnished rental.

I specialize in 30+ day furnished rentals and am scaling my property management company from (3) doors hopefully to (5) by the end of the year. 

We can’t do that in too many places here in CO anymore because STR’s are now illegal lots of places but medium term (30+ days) furnished properties rent for a big premium over traditional long term, so I’ve done that on my last two projects.

I have connections to other oil and gas workers that will pay higher than average rents, which is cheaper than staying in hotels, I would just have to fully furnish the place and have flexible leases.

Without knowing the exact location or condition of the property I can't provide exact advice, but Id looks into other rental forms such as either Medium-term furnished rentals, or rent by the room to increase the rental income.

Therefore we spent the next 6 months furnishing the unit to make it a comfortable, pet-friendly AirBnB unit.

I take it that it's not furnished?

Once you get above $2,200 - $2,500 the interest wains from locals.I've been noticing Zillow rent zestimates are starting to get skewed by furnished and short-term rentals comps.Fun fact...if you google the word askew your screen with tilt.

My 2 cents to the mix would be The ADU is the only way so far [SB 9 and 10 not withstanding] - You should be able to take the SFR and do an attached JADU up to 500 sq ft, then you can [lot size permitting and every city has its own code so do some research] another detached or even attached regular ADU - and as long as you live there as owner occupied you can live in the SFR part, rent out the ADU and JADU- the twist we do is to rent out 30+ days as a furnished rental.

If you’re trying to buy it furnished and use the STR income you’ll probably need a commercial lender or a STR specific lender.