I think also folks that do the STR have to realize the 35 to 50k spent furnishing the home is what many times makes these negative cash flow and of course over a 10 year run the furniture most likely will need replacing upgrading to keep relevant..

. $24k cash that the buyer(s) did not have to come up with to close and could be utilized towards the upgrades, furniture and furnishings or mortgage payments until their rental gets up and running. 

We just furnished a 2/1; it was about $11k for pretty average furniture and full supply list needed to equip and furnish a new property.

STR you will spend more on design and furniture than MTR.

Getting about $4000 and $2500 now as a consultant in a furniture company.

We added value by making a accent while in the living room, as well as refreshing all the furniture and decorations, painting the property, making a back door. back door out of the master bedroom because there was no way to get to the backyard without having to go through the side as well as some landscaping & new washer dryer.What was the outcome?

She thinks it’s ok to stay for free and she deserves free housing, non paying her dues or any thing just because she does not have a job (on purpose) and does not have money ( has all money for fancy furniture and gadgets)But anyways she has not paid her move in deposit ( paid partial) and has not carried renters insurance.

. - Our ADU has it's own backyard, washer/dyer, and a front patio.

The property already came furnished, but we had to replace most of the furniture because it was very cheaply done, Plus, it had no theme and we really wanted to make it a special themed airbnb.

When I see a property starting to underperform, as the manager I have to run the data to figure out why and then make adjustments whether is lack of amenities, need updated photos, replace a couple pieces of dated furniture or increase my focus on advertising that property specifically.