It does come down to DTI and what you can show versus what you can qualify for in terms of home price.

I don't have much patience or sympathy towards the annual flood of "Terrific End-of-Year Tips to Cut Your Taxes" webinars, podcasts, articles and whatnot. 

Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

Most people bring their own.We also have a bin of razors, q-tips, cotton balls and even a bunch of contact lens cases in the master bath.

My number 1 tip would be to go off market and find owner that wants to sell at a discount / prefers speed and convenience. 

It is surprisingly easy to manage out of state and if you want more tips on how, check out Bigger Pockets book "30 Day Stay" on Mid Term Rentals. 

When renting out furnished rooms, am I obligated to provide the exact furnishings and decor shown in the original listing photos?

REIA's, BP Meet Up's, General Cow Tipping Parties?

I could go on and on with other tips as well.

I bought them from home depot.