Hello all,I have a single family rental that I am renting as furnished.

My wife and I did all of the work ourselves and furnished it to be a short term rental.

After all that we furnished it.

This is at a minimum; many transactions will also include one or more of the following: assignment of rents, default judgement, fixtures, furnishings and equipment lien, notification of legal representation, additional security interest document, correction agreement, UCC filing, notice of fees, Usury acknowledgement, extension fee agreement, non homestead affidavit, truth in lending acknowledgment, and probably a few more that I’m unfamiliar with.If you’re asking about interest rate and loan terms, a general guideline is that interest rates can be as low as 6% and as high as state usury laws allow, usually 18-24%.

., furnished..this intrigues me but it doesnt sound passive and seems hard to find a property manager for this..double check my notes above with video....let mw know..if i can double my income on my single doors and keep passive , out of it, im in..

Yes the house will he fully furnished and both the top floor bedrooms will have beds and that.

You can run numbers using comparable listings in Airbnb and VRB, etc, estimating startup cost to mortgage, insure, furnish, staff (cleaning, landscape, etc), and utilities and supplies.

I also plan on furnishing the place.( all will be covered  in the one mortgage payment)You’ve really given me a lot to think about.

I just finished furnishing my house and will start the process of finding a roommate with it hopefully being rented by the end of October.

Since it is mainly things like furnishings and appliances would it make more sense to buy a 4-plex vs a SFH?