Asking price is $259k and it comes with a fair amount of garage equipment and tools that are of interest to me, plus the furniture in the 2-bed unit.

Or is all the furniture getting taken out?

No for sale sign, no one comes or goes, and no furniture?

If the seller is asking more, you can buy a cheaper property & turn it into an airbnb (seller can ask a little more if furniture is included, etc).

Furnished the house with furniture and decor.

Ft.Lot size = 15,002.06I'll need to add heating and cooling; currently window units.P&B construction for the houses and duplex, slab for the studio.Total projected gross rents= $750 Studio+$950 Unit 1+$950 Unit 2.The whole project would be a value add: windows, bathroom, update kitchen, furniture, solar panels, water purifier.I'm considering adding solar panels - would mean that I can charge for my own electricity sense I would be the power company.Property Management fees = 7% (wholesaler/broker number).Projected Vacancy Rate = 5% (wholesaler/broker number).CapEx = 5% (wholesaler/broker number).The military gets their BAH/BAS evaluated every year and it goes up about 2.5% based on the market conditions.Property growth annually would fit in to a 3% number as its not the fastest appreciation market.Your annual expenses should be about 1.5%-2% depends on how well of a job is done with the rehab.P.S.

This time of the year is Furniture Market, which carries our highest daily rates of the year.

I would start smaller, furniture, musical instruments, cars, cell phones.   

They would like to put some furniture in front of it.

Had a few pieces of furniture.