Hey Elizabeth - I'd factor in about $10k to get a padsplit up and running when it comes to furnishing which would include washer / dryer, additional fridge, bedding/desks, common area furnishings if you want to offer a little better experience.I'm only familiar with ATL - I think accounting for 1 move in / 1 move out per month is a good conservative assumption here.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!

They've also enacted a bed tax specifically targeting short term rentals.

If not then we go with a really clean look of fresh beds, and grass that will really pop out. 

But it seems like the current house prices (3+ beds, 2+ baths with a pool) doesn't seem to incur a good cash flow.

There is a 4 bed room 2 bath home that I am looking at purchasing.

This is for my 1 bed 1 bath unit and for the past 6-7 months, I had it blocked off on Airbnb because I had a mid term tenant in there.

I'm more used to underwriting MF deals and extrapolating existing T12 data, so this is a bit different for me.All the properties are 3 beds, ranging from 1000 to 1400 sqft.

You know that IU Methodist is building their new building with 900 beds. 

She asked me about it, so I told her I know they have a two bed room voucher, so she put one of the bedroom as home office room. 

The house is 2 Bed 2bath 1300sqft.