It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

I am preparing for a few years down the road when my kids are in/through college. 

While the numbers they provide might make sense under specific conditions, it’s always a good idea to apply a more conservative approach to ensure you’re prepared for the unexpected.For vacancy, the tenancy averages they’ve shared (3.8 years for C class and 6+ years for B- class) aren’t out of the realm of possibility, but I’d treat them with caution.

Are you prepared to do that? 

Alternatively you may decide not to address the capex but be prepared to deal with high frequency maintenance requests with duct tape repairs. 

Great, so you are getting prepared to start already!

We are now preparing to foot costly lawyer fees ($10k+ according to our lawyer's experience with difficult cases like this), and likely won't see a cent back since we have so little information about these people and they may not have anything to lose.My heart goes out to everyone who is truly struggling due to the pandemic and are, in earnest, doing their best to be responsible tenants by communicating with their landlords and trying to work things out.

I don't see any furnished houses so I am prepared to list my furnished house under the furnished apartments section - but I can't figure out how to post in a designated 'furnished' section?

They'll likely have follow up questions about who handles maintenance, larger SD, etc... so be prepared to quickly answer these.Value to mention:- Professionally cleaned property after each stay and exterior upkeep- Staged photos that you can share with the owner for marketing purposes- Capex coverage up to $XX,000 (might need to include in SD)- Extra $XXX per month (likely may need to pay a little extra in rent to make it worthwhile, otherwise they can collect the same amount as LTR)Also, google "Airbnb apartments" or check their website. 

While most who post about asset protection on BiggerPockets are focused on how to remain anonymous and how to prepare for conflict and liability, the billionaires are out there proactively preventing the liability events from occurring in the first place.