Furniture is already there.

.), or the potential for sqft to be efficiently added during the rehab (screened porch, carport, concrete patio area, etc.).

This will also help you be organized when completing taxes and writing off any potential expenses like furniture, utilities, repairs etc. that come with the rental business. 

If the rental is in town, maybe start looking on Craigslist, FB Marketplace and OfferUP for quality used furniture to have as backups?

I'm sure when you get there to do your inspection you'll find that he left his keys on the kitchen counter, took most of his clothes and left behind nothing but trash and old furniture.

What are the essential pieces of furniture and amenities I should include to make the unit attractive and functional for college students?

Normal home owners insurance covers the house, liability, a bunch of miscellaneous items, and all your stuff (furniture, clothing, appliances, etc etc).

Updated and furnished the basement and back patio to allow for a STR

You might have to put some basic furniture, but you could get $2400/month

A single family house ,which needed some rehab and is now rented out on a yearly lease.I realy believe in BRRRR strategy and am interested in making a new and similar investment in this area.Outside of real estate, I enjoy furniture restoration, sports hiking and reading .Excited to learn and connect with you all!