As a savings of a few thousand dollars on furniture, could determine if your occupancy rate is 65% versus 70%...If the revenue is $50,000/yr that's $2,500 in one year (which could be the breakeven for that specific line-item expense).To determine you total breakeven point occupancy rate, and not just related to the furniture, take your operating expenses plus your debt service and divide it by your effective gross income.

I knew that the property would be easy to sell to another investor or owner occupant, as it was affordable and a 3BR/2BA of 1,650SF so it checks the boxes for many prospective buyers.

Much bigger buyer pool and particularily is in a single family neighborhood with mostly owner occupants, appeals to owners. 

Sonyma loans are only for occupants.

@Jose Saladin you will likely not get a CO (certificate of occupancy) to be able to legally rent this out.

If Airbnb is your best option, choose a location with high occupancy rates and optimize pricing with dynamic tools like PriceLabs.

My opinion is a SFR in an established area will help you keep occupancy up and also gives the better opportunity to sell later.

David, this deal could work, but I’d want to dig into a few things first. 80% occupancy with long-term tenants is solid, but what happens if a major tenant leaves?

Nightly rates, occupancy and amenities.

On the inside, our popular furnishing touches include a neon light up sign and a very comfortable pull-out couch enabling two extra guests to maximize the occupancy.