I am new to real estate investment and planning to start ramping up long term rental properties in 2025, however my first two primary residences were both converted into MIL's and rented within months after closing which effectively followed the House-Hack tactic (we currently rent our furnished basement to primarily traveling nurses for 3-6 months at a time which covers 70% of our mortgage).

I have a single family home with 130k equity renting steady as a medium term furnished rental cash flowing an honest $900/mo. 

The client was willing to gamble on furnishing for STR over LTR route and we were good for 3.5 years, then one day the man came and shut it down. 

Purchase price: $396,000 Cash invested: $70,000 This property was already an Airbnb and came furnished with everything.

I was able to rent it furnished long term for $1,500 more than the average long term rent in the area.

Household furniture must be positioned and/or elevated to allow adequate air flow underneath and between furnishings and adjacent walls.

With regards to MTR arbitrage, a quick definition may help less experienced investors follow this topic better.In this context, arbitrage refers to entering into a long-term lease with a property owner, and then furnishing the space (also probably setting up the utilities and Wi-Fi), with the purpose of renting it out at a higher rent for a profit.The value to the property owner is that if they enter into a lease with an honorable and responsible person, the rent will be paid every month on time and without fail (regardless of whether or not the MTR provider leased the space).

I have it currently on Furnished Finders, Turbo tenant, and ale Solutions. 

I am responding as a consumer not a STR owner we had one its lasted for us for exactly one tenant then we felt it was too much work for the return  on investment we do much better loaning money and buidling new homes than to worry about people goofing up our homes :)I do have some MTR you know fully furnished homes in Vegas and those are money makers for us top of the line tneants paying double the going rate for rent.

I also get a TON of off-market, fully furnished STR listings through my network here, which can be lifechanging deals.