So, I stopped by the property to see the unit... it was dirty, damaged, and still had the furniture in it that the tenant left.

., outdoor areas, parking, kitchen facilities).

To help guesstimate numbers I would be interested to know square footage, number of bed/baths, how much remodeling is needed, info about the outdoor space, and where the property is located.

I'm also going to do it furnished, since I have extra furniture I'm moving from my current house this Friday. 

Outside of real estate, I enjoy ultra running, taking in the outdoors however I can.

Here are my thoughts:- MTR and STR would require furniture so I do need to pick a lane (LTR or MTR/STR).- We currently have STR and LTR in our portfolio so I'd like to try MTR.- We could furnish it and go for STR/MTR simultaneously, but we get occupancy near end of October, which isn't the best time for STR.

I would prioritize the fun parts that are a big drawl (usually the outdoor, pool, landscaping, etc.) as well as kitchen.

maybe put in a temporary outdoor shower

Depending on the amount of furniture you're trying to offload a consignment shop may be more hassle than it's worth.

But for resourceful, hard-working folks who do Not have a lot of capital to invest, rental arbitrage can be a great way to add value to rental properties with cosmetic improvements, furniture and great photos.