Which means: I'm considering buying our current vacation rental from the other 2 families and owning it myself, assuming the numbers work (I need to do some additional analysis, as we used a HELOC from my parents and made interest-only payments for the mortgage; the remainder of the cash to furnish and make repairs came from $$ we each threw into the pot at the beginning).

A furnished house creates a more emotional connection with buyers, as compared to an empty house, which just feels unwelcoming.While I've never done any split-testing to compare staging vs not staging, our average DOM is less than 2 weeks and our average sale:list price ratio is 96%+.

I assisted my grandfather with his multiple single-family rentals, but they usually had long-term tenants and there wasn't much work involved or lessons to be learned.I have a new opportunity at hand that would involve me renting houses and then, subsequently, subletting each furnished bedroom on 3-month leases.

Why not furnish it and rent it to students, two to a room for $250-300 each?

If you understand his formula, then deliver houses that provide that and your problems are solved, assuming you have enough margin for yourself.In other words, find out what he wants and needs, if you actually understand that, and you figure out how to supply that, you dont need to spend much time trying to build relationships, building a relationship will become almost automatic if you supply his needs and yours are met as well.I have had many newpeople buy me lunch, ask a list of "good" questions, but ive never yet had a wholesaler bring me anything that remotely resemble what my criteria, which are reasonable.

Or can you write up an agreement of sale specifying that your end buyer will furnish the deposit?

Louis to Florida for work and offered his house to me, fully furnished for 55k.

Rent units fully furnished and all utilities paid.

And when not furnishing the home do you always atleast include appliances?

Keep in mind you do still have to fully furnish the place, not sure if that investment would be worth it for you.